Dhruv Consultancy Services Limited

Key Details of the Award

Dhruv Consultancy Services Limited has received a "Letter of Award" from the office of AVP, WSA National Highway Logistics Management Limited (NHLML), appointing the company for the "Development, Operation, and Maintenance of Wayside Amenities on different sections of National Highway on Lease Basis in Maharashtra".

The specific project site is NH 361/Ch. 43+250 to Ch. 43+450/AUSA Distt./Latur/Maharashtra, with Tender ID 2025-NHAI-241953_7.

Contractual and Financial Terms

  • Annual Lease Rent: ₹12,96,000 (Rupees Twelve Lakhs Ninety-Six Thousand Only) payable to NHLML.
  • Contract Duration: 15 years from the date of the agreement.
  • Development Period: Includes an 8-month rent-free development period within the 15-year term.
  • Performance Security: The company is required to furnish a performance security deposit within 30 days of the issuance of the LOA.

Dates and References

  • The Letter of Award was issued via Letter No. NHLML-WSA/MH/O&M/E-File 2239/506 dated September 3, 2026.
  • The company received the LOA on September 4, 2026.

Strategic Impact and Business Diversification

The award is expected to strengthen the company's order book and represents an expansion into a new business vertical within the infrastructure segment. It diversifies the company's existing business portfolio by adding the development, operation, and maintenance of wayside amenities on national highways.

Regulatory Compliance and Declarations

The disclosure includes a declaration as per Section V-A of SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, as modified by circular number SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, provided in Annexure-A.

Key declarations from Annexure-A confirm:

  • The contract was awarded under general contract conditions.
  • It is a domestic contract.
  • The nature of the contract is the development, operation, and maintenance of wayside amenities.
  • The promoter/promoter group/group companies have no interest in NHLML.
  • The contract does not qualify as a related party transaction.