Dhruv consultancy Services Limited has secured a significant infrastructure consultancy project from the National Highways Authority of India (NHAI), marking another milestone in the company's project portfolio. The Letter of Award was issued on March 19, 2026, for consultancy services related to highway capacity augmentation in Uttar Pradesh.

Project Details and Scope

The company has been appointed to provide consultancy services for preparation of Detailed Project Report (DPR) for the capacity augmentation of Varanasi-Jaunpur-Sultanpur-Lucknow stretch in the state of Uttar Pradesh. This project will be executed in association with Artefacts Projects Limited, demonstrating a collaborative approach to infrastructure development.

Financial and Contractual Terms

The project carries a total consideration of Rs. 3,94,88,232, which translates to Rupees Three Crore Ninety-Four Lakhs Eighty-Eight Thousand Two Hundred Thirty-Two only, excluding GST. The contract follows general contract conditions as specified by NHAI for such consultancy assignments.

Implementation Timeline and Requirements

The project is scheduled for completion within seven months from the commencement date. As per the terms of the Letter of Award, Dhruv Consultancy Services Limited is required to furnish the Performance Security within 15 days of the LOA issuance, ensuring compliance with NHAI's standard procedural requirements.

Regulatory Compliance and Disclosure

The company has made this disclosure in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The project qualifies as a material event requiring disclosure to stock exchanges, reflecting the company's commitment to transparency and regulatory compliance.

This highway infrastructure project represents Dhruv Consultancy Services Limited's continued involvement in India's road development initiatives, particularly in the strategically important Uttar Pradesh corridor connecting major cities including Varanasi and Lucknow.

Dhruv Consultancy Services Limited has secured a notable position in the National Highways Authority of India's (NHAI) latest performance evaluation ranking. The company received official notification on March 18, 2026, confirming its achievement in the comprehensive assessment exercise conducted by the highway authority.

Performance Ranking Achievement

The company has been ranked at 6th position out of 57 nationwide consultants in NHAI's performance evaluation exercise. This ranking was communicated through an official letter from NHAI dated March 17, 2026, which the company received on March 18, 2026.

Evaluation Criteria and Methodology

NHAI undertook this comprehensive exercise for performance evaluation and rating of AE/IE (Associate Engineer/Independent Engineer) consultants across the country. The assessment methodology focused on three key parameters that reflect the quality of consultancy services:

• Transparency: Ensuring clear and open communication in project execution
• Quality: Maintaining high standards in consultancy deliverables
• Continuous Improvement: Demonstrating ongoing enhancement in consultancy services

The evaluation process was designed to assess consultants' performance towards the authority and establish a comprehensive rating system for future reference.

Regulatory Compliance

The company has disclosed this development in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made to both BSE Limited and National Stock Exchange of India Limited, ensuring transparency with stakeholders regarding this significant business development.

This ranking achievement reflects the company's commitment to maintaining high standards in its consultancy services and its strong relationship with NHAI, one of India's premier infrastructure development authorities.