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 South Western Railway.
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Monarch Surveyors and Engineering Consultants Ltd has received a Letter of Acceptance (LOA) from South Western Railway for providing Authority Engineer services on two railway infrastructure projects. Project-1 involves constructing a new 23.7 km Broad-Gauge line between Marikuppam and Kuppam. Project-2 involves a 19.057 km new Broad-Gauge line between Muluguru and Palasamudram. Both projects include civil works, track works, signal and telecommunication, and railway electrification components. The total contract value is Rs. 11,19,32,095.44 (approximately Rs. 11.19 crore). The projects will be completed within 24 months from the LOA date.
This order provides fresh project visibility for the company and demonstrates its continued engagement with government railway projects. The Rs. 11.19 crore contract is expected to positively impact the company's business operations and revenue over the next 24 months.