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Ankit Gupta

2 hours ago · SEBI Registration INH100007231

Dhruv Consultancy Wins ₹14.85 Cr NH-754K Contract

DHRUV
CONSULTANCY SERVICES: Dhruv Consultancy Services Limited, in association with Mark Procon, has secured an order worth ₹14.85 crore from the Ministry of Road Transport and Highways (MoRTH) for Authority Engineer services in Gujarat. The assignment involves supervising the upgradation of a 106.95-kilometre stretch of National Highway NH-754K. The contract has a tenure of 84 months, equivalent to seven years, and Goods and Services Tax (GST) will be payable extra as specified in the contract. The Authority Engineer assignment involves supervision and monitoring of the highway upgradation project, subject to the scope and responsibilities defined in the contractual terms. Such services generally include technical oversight, quality monitoring, review of construction progress and verification of compliance with applicable engineering specifications and project requirements. The project’s 84-month contract period provides a long-term execution timeline for the consultancy assignment. The order value of ₹14.85 crore, excluding GST, represents the stated contract amount and should not be interpreted as immediate revenue or profit. Revenue recognition will depend on the contract’s payment terms, the duration of services delivered and the applicable accounting requirements. The highway project adds to the company’s reported infrastructure consultancy work in the road and transportation sector. Key aspects to monitor include project commencement, service delivery milestones and the execution of the assignment in coordination with Mark Procon. Further company disclosures may provide additional information about the project’s progress and contractual arrangements. This information is shared strictly as a corporate and market update for informational purposes and should not be considered investment advice, research analysis, or a recommendation to buy or sell any security.

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