Dhruv Consultancy Services receives LOA for Highway Amenities in Maharashtra
Dhruv Consultancy Services Limited received a Letter of Award for developing and operating wayside amenities on National Highways in Maharashtra. The project has an annual lease rent of ₹11.40 Lakhs and a lease duration of 15 years, including an 8-month development period. This expands the company's infrastructure business.
The new contract is for the development, operation, and maintenance of wayside amenities, indicating an expansion of the company's business vertical. The lease period of 15 years suggests a long-term engagement. While positive, the financial value of the lease rent (₹11.40 Lakhs annually) positions the impact as medium.
The company has received a Letter of Award for a new project, which is a positive development and is expected to strengthen its order book and diversify its business portfolio.
Dhruv Consultancy Services Limited has received a Letter of Award (LOA) from National Highway Logistics Management Limited (NHLML) for the Development, Operation, and Maintenance of Wayside Amenities on different sections of National Highway on Lease Basis in Maharashtra. The project pertains to Site-NH 150E/O&M Solapur-Akkalkot/Valsang/Ch.120.200/RHS/PIU-Solapur.
This award is expected to strengthen the company's order book in the infrastructure segment, specifically in the development, operation, and maintenance of wayside amenities. The LOA was issued with Letter No. NHLML-WSA/MH/O&M/E-File 2239/507 dated 03.09.2026 and received by the company on 04.09.2026.
The annual lease rent payable to NHLML is ₹11,40,000. The company is required to furnish a performance security deposit within 30 days of the LOA issuance. The lease duration is 15 years from the date of the agreement, which includes an 8-month rent-free development period.
A plain-language summary of a public exchange filing by Dhruv Consultancy Services Limited. Read the original for the full detail.
