Announced Sat, 20 Sept · 17:30 IST

In compliance with Regulation 30 of the SEBI ( Listing obligation and Disclosure Requirements) Regulations, 2015 and pursuant to the Company''s Materiality Policy, we hereby inform you ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

Monarch Surveyors and Engineering Consultants Ltd has received a Letter of Acceptance to serve as consultants for a Traffic Circulation & Safety Study covering the Kolkata Dock System (KDS) and Haldia Dock Complex (HDC) under the Syama Prasad Mookerjee Port, Kolkata. The total contract value is Rs. 2.46 crore (Two Crore Forty Six Lakh), payable in cash. The project aims to improve urban mobility, ease congestion, and enhance traffic safety in Kolkata. The company has classified this as a non-material event under its internal Materiality Policy and is making the disclosure voluntarily for transparency. Work is expected to commence immediately per the contract terms.

Likely market impact

This is a new consultancy order worth Rs. 2.46 crore that adds to the company's order book, though the company itself has deemed it non-material. For shareholders, it signals continued business activity in the port and urban infrastructure consultancy space but is unlikely to move the stock price meaningfully on its own.