With reference to the captioned subject and in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended wish to inform that, M/s Arkitechno Consultants (India) Private Limited in Joint Venture with Dhruv Consultancy Services Limited has received the Letter of Acceptance ("LOA")" for the work of "Consultancy Services for preparation of Detailed Project Report (DPR) for "Augmentation of 4-laning of Anakapalli - Annavaram - Diwancheruvu Section from Km. 741.255 to Km. 903.000 of NH-16 (Package - 3 & 4 of TOT Bundle - 1) to 6 lane Partial Access Controlled Highway standard in the state of Andhra Pradesh", from the National Highways Authority of India, Regional Office, Andhra Pradesh("the Authority") having reference NHAI/RO-VJA/12036-12/2022-23/3289 dated October 01, 2022, as received on October 06, 2022 directly by the company i.e. Dhruv Consultancy Services Limited.

Consultancy Services Fees for the said Project will be INR 17,429,958 excluding taxes (Rupees One Crore Seventy-Four Lakh Twenty-Nine Thousand Nine Hundred and Fifty Eight only). The Contract period will be of 9 months.