Dhruv Consultancy Services Secures ₹4.59 Crore Highway Consultancy Project from NHAI
Dhruv Consultancy Services Limited has been awarded a ₹4.59 crore consultancy contract by NHAI for preparing DPR for 4-laning of Malegaon-Manmad-Kopargaon highway in Maharashtra. The 9-month project will be executed in partnership with Innovative Engineering Advisory LLP, with the company required to submit Performance Bank Guarantee within 15 days of the January 7, 2026 LOA date.
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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.
| Parameter: | Details |
|---|---|
| Contract Value: | ₹4,58,77,800.00 plus applicable GST |
| Awarding Authority: | National Highways Authority of India (NHAI) |
| LOA Number: | MHDIV/58/2025PIU Nashik/E286331 |
| LOA Date: | January 7, 2026 |
| Project Duration: | 9 months |
| Tender ID: | 2025_NHAI_246763_1 |
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.
| Compliance Requirement: | Timeline |
|---|---|
| Performance Bank Guarantee: | Within 15 days of LOA |
| Contract Agreement Execution: | As per RFP document |
| Project Completion: | 9 months from commencement |
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.
Historical Stock Returns for Dhruv Consultancy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.33% | +9.94% | -1.79% | -37.74% | -57.95% | -72.92% |
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