Dhruv Consultancy Services Limited — Important, 21-01-2025: Updates

Dhruv Consultancy Services Limited has been empaneled as a Class A Vendor/Consultant with the Indian Port Rail and Ropeway Corporation Limited for various highway and railway projects. This empanelment is effective for 24 months, expiring on January 31, 2027.

For highway projects, fees are structured based on project value, ranging from 0.23% to 0.25% for Feasibility Studies (FSR) and 0.46% to 0.50% for Detailed Project Reports (DPR) depending on the project size. Similarly, railway project fees range from 0.20% to 0.24% for FSR and 0.40% to 0.48% for DPR.

This strategic engagement diversifies the company's portfolio into the ropeway and port rail sector, potentially enhancing its revenue streams. Investors should watch closely as this development could lead to increased business opportunities and a positive outlook for growth in related projects.