Dhruv Consultancy Services Limited has informed the Exchange regarding 'Regulation 30 Project updates'.
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On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Dhruv Consultancy Services, in association with M/s. Designilla Pvt Ltd, has received a Letter of Acceptance from the National Highway Authority of India (NHAI) to act as Independent Engineer during the Operation and Maintenance period for the four-laning of the Kurali-Kiratpur section of NH-21 (New NH-205) in Punjab, on DBFOT basis under NHDP Phase-III. The contract is valued at Rs. 2.83 crore (plus GST) and runs for 36 months. The work involves overseeing the O&M of the highway stretch from Km 28.600 to Km 71.500. The company must furnish a performance bank guarantee within 15 days and execute the contract agreement as per the RFP. The order is domestic, with no related-party interest involved.
Positive for the stock — adds a government-backed, multi-year order providing revenue visibility, though the absolute size is modest. Reinforces the company's position in NHAI's independent engineer segment.