StockWatch
·
Consulting Services
Subsidiary6 Nov 2026, 08:23 pm

Dhruv Consultancy Incorporates Subsidiary Valsang Drivehub

AI Summary

Dhruv Consultancy Services Ltd has announced the incorporation of its subsidiary, Valsang Drivehub Private Limited, on November 6, 2026. Dhruv Consultancy holds a 55% equity stake in the new entity, having subscribed to 3,02,500 equity shares of ₹10 each for a total consideration of ₹30,25,000. Valsang Drivehub Private Limited will focus on the development, operation, and maintenance of wayside amenities along NH-150E in Maharashtra, a project for which Dhruv Consultancy had previously received a Letter of Award from National Highways Logistics Management Limited (NHLML). This move marks a strategic expansion into infrastructure development and operation of road-related facilities.

Key Highlights

  • Dhruv Consultancy establishes a new subsidiary, Valsang Drivehub Private Limited.
  • The subsidiary will focus on wayside amenities development and operation.
  • Dhruv Consultancy holds a 55% equity stake in the subsidiary.
  • Initial investment in the subsidiary amounts to ₹30.25 Lakhs.