06-Nov-2026 20:12:00

DHRUVAcquisition and merger

DHRUV : INCORPORATES 55% SUBSIDIARY VALSANG DRIVEHUB

• Valsang Drivehub Private Limited incorporated on November 6, 2026; Dhruv subscribed to 3,02,500 equity shares of ₹10 each, 55% of subscribed capital • Cost of acquisition at ₹30.25 L (Rs 30,25,000), cash consideration, on arm's length basis • Entity formed to develop, operate and maintain wayside amenities at NH-150E Solapur-Akkalkot Valsang (Ch.120.200, RHS) in Maharashtra for a 15-year lease, including an eight-month rent-free development period • Mandate follows the Letter of Award from National Highways Logistics Management Limited, disclosed to exchanges on September 4, 2026 • Newly incorporated entity has not commenced commercial operations; turnover nil, and the 55% capital commitment is yet to be funded

Dhruv Consultancy Services Ltd

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