Dhruv Consultancy Services Limited — Important, 24-03-2025: Updates

The company has filed a writ petition with the Hon’ble High Court of Madras challenging the legality and validity of a debarment letter received from the National Highways Authority of India (NHAI). This legal action is focused on quashing the letter, which is currently pending for hearing. Importantly, there is no immediate financial or operational impact on ongoing projects, and the company anticipates a favorable resolution, expecting no material financial implications from this situation. Stakeholders should monitor developments closely, as the outcome could influence the company’s operational standing in the long run.