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 Maharashtra ....
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Monarch Surveyors and Engineering Consultants has secured an order worth Rs. 6.05 crore (Rs. 6,04,73,814) from Maharashtra Tourism Development Corporation (MTDC), a government entity. The work involves assets demarcation, updation of land records, and assistance in government survey of MTDC properties. It is a domestic, arm's-length order (not a related party transaction), with cash consideration and work to commence immediately. The completion timeline is as per the contract terms.
This is a positive new business win from a government client, adding to the company's order book. Shareholders should note that the Rs. 6.05 crore order adds revenue visibility, though the scale of the impact on overall financial performance will depend on the company's total revenue base.