Dhruv consultancy Services Limited has announced receipt of a Letter of Award from the National Highway Authority of India (NHAI) for a consultancy project valued at ₹2.58 crores. The company disclosed this development under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Project Details and Scope

The awarded project involves consultancy services for preparation of Detailed Project Report (DPR) for construction of Ring Road to Dhule City connecting NH-53 to NH-52 in Maharashtra state. Dhruv Consultancy Services Limited will execute this project in association with Innovative Engineering Advisory LLP.

Contract Terms and Execution Timeline

The company has been appointed for the project with a fixed cost consideration of ₹2,58,39,500.00, equivalent to Rupees Two Crore Fifty-Eight Lakhs Thirty-Nine Thousand and Five Hundred only, plus applicable Goods and Services Tax. The project carries a execution timeline of seven months from the contract commencement.

As per the contract requirements, Dhruv Consultancy Services Limited must furnish a Performance Bank Guarantee within 15 days from the issuance of the Letter of Award. Additionally, the company is required to complete the contract agreement execution as per the Request for Proposal (RFP) document specifications.

Regulatory Compliance and Disclosures

The project falls under domestic category, awarded by a domestic entity with general contract conditions. The company has confirmed that neither the promoter, promoter group, nor group companies have any interest in NHAI, the entity that awarded the contract.

Furthermore, the contract does not fall within related party transactions, ensuring arms-length dealing principles. The disclosure has been made in accordance with Section V-A of SEBI Master Circular dated July 11, 2023, as modified by subsequent circular dated July 13, 2023.

This infrastructure consultancy project represents Dhruv Consultancy Services Limited's continued engagement in highway development projects under the National Highway Authority of India's infrastructure expansion initiatives in Maharashtra state.

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 portfolio of highway development projects.

Project Award Details

The company received the Letter of Award (LOA) on January 8, 2026, for consultancy services related to highway infrastructure development in Maharashtra. The project involves preparation of Detailed Project Report (DPR) for the 4-laning of Malegaon-Manmad-Kopargaon highway section.

Project Scope and Partnership

Dhruv Consultancy Services Limited will execute this project in association with Innovative Engineering Advisory LLP. The consultancy services focus on preparing comprehensive documentation for the 4-laning expansion of the Malegaon-Manmad-Kopargaon highway corridor in Maharashtra state.

The project falls under domestic infrastructure development initiatives and involves standard general contract conditions as specified by NHAI. The company confirmed that neither promoters nor group companies have any interest in the awarding entity, and the contract does not constitute a related party transaction.

Implementation Timeline and Requirements

The contract execution involves specific compliance requirements that the company must fulfill within stipulated timeframes. Dhruv Consultancy Services is required to furnish a Performance Bank Guarantee within 15 days from the LOA issuance date and complete the contract agreement execution as per the Request for Proposal (RFP) document specifications.

Regulatory Compliance

The company disclosed this development under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made to both BSE Limited and National Stock Exchange of India Limited on January 9, 2026, ensuring full compliance with disclosure requirements for material events that could impact investor decisions.