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 Bhavnagar ....
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Monarch Surveyors and Engineering Consultants Ltd has received a work order valued at Rs. 3,29,89,898.40 (~Rs. 3.30 crores) from Bhavnagar Division - Engineering of Western Railway. The scope of work involves pre and post tamping track measurement survey using the Trimble Gedo Vorsys trolley system, a specialised railway track monitoring technology. The order is a domestic contract, is not a related party transaction, and will be settled in cash, with work set to commence immediately as per contract terms. The company has stated that this development is expected to positively impact its business operations.
This adds a small but meaningful government-backed contract to the company's order book, providing near-term revenue visibility and reinforcing its position in railway infrastructure survey services. For a small-cap stock, order wins of this nature are generally viewed as positive signals by investors.