Announced Mon, 22 Jun · 18:59 IST
Dhruv Consultancy incorporates 55% subsidiary for highway wayside amenities project
DHRUV · price
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Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹28.60
prior close
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base price
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AI summary
Dhruv Consultancy Services has incorporated Verul Drivehub Private Limited as a 55% subsidiary for Rs.55,000 in cash. The new subsidiary will develop, operate and maintain wayside amenities on National Highways in Maharashtra (07 O&M sites) on a BOT basis for 15 years, per a Letter of Award from NHLML disclosed on June 1, 2026. The new entity has no turnover as it was just incorporated on June 18, 2026.
Likely market impact
Minor in scale (Rs.55,000 investment) but diversifies Dhruv into highway infrastructure. May add to future order book and revenue from BOT project.