Monarch Surveyors wins Rs 2.62 crore order from Nagpur Land Records office

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AI summary

Monarch Surveyors and Engineering Consultants has received a Letter of Acceptance from the District Superintendent of Land Records, Nagpur for licensed surveyor services. Total order value stands at Rs 2.62 crore. The contract is domestic in nature and the work is expected to commence immediately as per contract terms. This is a government sector order awarded to the company on a cash basis.

Likely market impact

Adds Rs 2.62 crore government contract to order book; modest positive for revenue and government business mix.