Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, we hereby submit that Company has received an order from Office ....
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Awaiting price reaction for this filing.
Monarch Surveyors has received a work order valued at Rs. 4,92,93,508 (~₹4.93 crore) from the Office of the Executive Engineer, P.W (WB) Project Division, Chhatrapati Sambhajinagar. The scope covers preparation of a Detailed Project Report (DPR), land acquisition (forest and non-forest), and obtaining forest and environmental clearances for a six-lane green field road of 38.40 km connecting Bidkin Industrial Area to Dhoregaon in Chhatrapati Sambhajinagar district. The order is domestic, with cash as the mode of payment, and must be completed within 24 calendar months, followed by a 36-month defect liability period. The order is not a related party transaction and promoter group has no interest in the awarding entity.
Positive for the company — adds ₹4.93 crore to the order book from a government client, providing revenue visibility over the next two years and reinforcing credibility in infrastructure consultancy work. Likely a modest positive for the stock given the relatively small size of the company, though the impact will depend on its existing revenue base.