Dhruv Consultancy Services Limited

Key Event Details

Dhruv Consultancy Services Limited incorporated Valsang Drivehub Private Limited on November 6, 2026 under the Companies Act, 2013. The company subscribed to 3,02,500 equity shares of ₹10 each, representing 55% of the total subscribed equity share capital of Valsang Drivehub Private Limited, as a subscriber to its Memorandum of Association. This investment makes Valsang Drivehub Private Limited a subsidiary of Dhruv Consultancy Services Limited.

Investment Details

  • Investment amount: ₹30,25,000 (Rupees Thirty Lakh Twenty-Five Thousand Only)
  • Number of shares: 3,02,500 equity shares of ₹10 each
  • Percentage holding: 55% of total subscribed equity share capital
  • Consideration type: Cash consideration
  • Payment status: The company is yet to make the investment but is committed as per the subscription clause of MOA

Purpose and Business Activity

Valsang Drivehub Private Limited has been incorporated for undertaking the development, operation and maintenance of wayside amenities at NH-150E/O&M/Solapur-Akkalkot/Valsang/Ch.120.200/RHS/PIU-Solapur, Maharashtra. The project involves a lease period of 15 years, including a rent-free development period of eight months. The subsidiary will focus on infrastructure development, operation and maintenance of wayside amenities and roadside facilities, including travel plazas, fuel stations, EV charging stations, food courts, retail outlets, parking facilities and allied infrastructure services on National Highways, State Highways and other road networks.

Background and Context

The incorporation follows a Letter of Award received by Dhruv Consultancy Services Limited from National Highways Logistics Management Limited (NHLML). The receipt of this Letter of Award was previously disclosed to the Stock Exchanges on September 4, 2026, in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Timeline

The subscription was undertaken as part of the incorporation process on November 6, 2026, the date of incorporation of Valsang Drivehub Private Limited.