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 North Central Railway.
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Awaiting price reaction for this filing.
Monarch Surveyors and Engineering Consultants Ltd has received a Letter of Acceptance from North Central Railway for pre- and post-tamping track measurement survey work under the Sr. Divisional Engineer/II/Prayagraj section. The total order value is Rs. 1,53,75,474 (approximately Rs. 1.54 crore). The work is entirely domestic, will be paid in cash, and is to be completed within 24 months from the date of the LOA. The company has stated this is not a related party transaction and is subject to necessary government approvals. The order was announced on March 9, 2026.
This is a modest new government order win for the small-cap company, adding to its order book from Indian Railways. While positive for business visibility, the order size of ~Rs. 1.54 crore is relatively small and the impact on the stock is likely to be limited unless it reflects a larger pipeline of similar contracts.