Dhruv Consultancy Services Limited (DCSL) has achieved a significant milestone in its business operations, securing a pivotal role as a consultant for Maharashtra State Infrastructure Development Corporation (MSIDC) road projects. This development marks a substantial expansion of the company's project portfolio and potential revenue streams.

Key Highlights of the Appointment

• Empanelment Category: DCSL has been empaneled under the "A category" as a Consultant for the preparation of Detailed Project Reports (DPR) for MSIDC road projects.
• Project Value: The empanelment enables DCSL to bid for projects valued at over ₹36,000 crore.
• Duration: The empanelment is valid for a period of three years.
• Existing Relationship: DCSL is already serving as a Project Management Consultant (PMC) for MSIDC on 11 packages.

Implications for Dhruv Consultancy Services

This appointment significantly enhances DCSL's market position in the infrastructure consulting sector. The company's ability to bid for high-value projects worth over ₹36,000 crore demonstrates its growing capabilities and the trust placed in its expertise by state-level infrastructure development corporations.

Financial Performance Context

The news of this appointment comes on the heels of DCSL's recent financial results for the first quarter. The company reported:

The substantial year-over-year increase in net profit and earnings per share indicates that DCSL was already on a growth trajectory before securing this new consultancy role.

Management's Strategic Moves

The company's board has also made several key decisions in its recent meeting:

1. Re-appointment of Mrs. Jayashree P. Dandawate as Executive Director for three years.
2. Increase in remuneration for Mrs. Tanvi Auti, Managing Director, from ₹4 lakh to ₹5 lakh per month.
3. Adoption of an amended Memorandum of Association to expand the company's scope of activities.

These decisions, coupled with the new MSIDC appointment, suggest that DCSL is positioning itself for significant growth and expansion in the infrastructure consulting sector.

The empanelment as a consultant for MSIDC road projects represents a major opportunity for Dhruv Consultancy Services Limited to strengthen its market presence and potentially boost its financial performance in the coming years.

Dhruv Consultancy Services Limited has achieved a significant milestone in its business operations. The company has been empaneled as Automatic Traffic Census and classification (ATCC) Class-I by the Public Works Department Office of Executive Engineer for various consultancy services.

Key Details of the Empanelment

• Duration: The empanelment is valid for a period of 3 years.
• Service Category: Automatic Traffic Census and classification (ATCC) Class-I
• Empaneling Authority: Public Works Department Office of Executive Engineer

Timeline of Events

• November 2024: Initial correspondence regarding the empanelment process (E-Tender Notice No. 25/2024-25, outward No: 4907/T.C dated 27.11.2024)
• July 2, 2025: The Chief Engineer's Letter No. D.3(2)/Tender-4/5362/2025 issued
• July 31, 2025: Dhruv Consultancy Services Limited received the official empanelment letter

Implications and Outlook

This empanelment is expected to strengthen Dhruv Consultancy Services' position in the traffic management and consultancy sector. As an ATCC Class-I empaneled company, Dhruv Consultancy Services will be eligible to provide various consultancy services related to automatic traffic census and classification for the Public Works Department.

The three-year validity of this empanelment provides the company with a stable platform to showcase its expertise and potentially secure projects in the traffic management domain. This development aligns with the company's focus on expanding its service offerings and reinforcing its market presence in the infrastructure consultancy sector.

Regulatory Compliance

In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Dhruv Consultancy Services Limited has duly informed the stock exchanges about this empanelment. The company has clarified that the SEBI Circular number SEBI/HO/CFD/CFD-PoD2/P/CIR/2025/25 dated February 25, 2025, is not applicable to this disclosure.

Investors and stakeholders are advised to consider this development as part of their overall assessment of the company's business prospects and growth strategies.