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 Shahapur ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Monarch Surveyors and Engineering Consultants Ltd has received an appointment order from Shahapur Nagar Panchayat for GIS-based base map creation and door-to-door property tax assessment survey, including QR code-based offline solution. The total project value is Rs. 2,00,00,000 (Rs. 2 Crores). The order is a domestic contract awarded by a government local body, not a related party transaction. Work is to commence immediately with completion as per contract terms, and cash is the mode of consideration. The company's scope covers surveying all properties, digital mapping, and supplying integrated technology to support the Panchayat's tax assessment process.
This is a small positive development — adds Rs. 2 Crores of new revenue from a government municipal client, supporting business operations but unlikely to be materially significant given typical revenue scale of the company.