Central Railway order worth Rs 1.94 crore for Kasara-Manmad rail project
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Monarch Surveyors received a Letter of Acceptance from Central Railway for facilitating land acquisition (CALA) and forest diversion work, including Stage-I and Stage-II forest clearance, for the Kasara-Manmad 3rd and 4th Line 131 km project. Order value is Rs 1.94 crore. The work is domestic, not a related party transaction, to be completed in 12 months on cash terms.
Mildly positive. Adds a small government order to the order book, but size is modest relative to typical infrastructure works.