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 Ltd has received a Letter of Acceptance from the Maharashtra Maritime Board, a Government of Maharashtra entity. The work involves preparing a Detailed Project Report (DPR) for the proposed New Marine Shipyard Cluster (MSC) at Dighi in Raigad district, including geotechnical investigation and topographic survey. The total order value is Rs. 2,16,82,500 (approximately Rs. 2.17 crore). It is a domestic order paid in cash, with no related-party interest involved. The completion timeline will be as per the Letter of Acceptance. The company is a small Pune-based surveying and engineering consultancy listed on BSE.
This is a new order win from a state government maritime body, adding to the company's order book. For a small surveying and consultancy firm, a Rs. 2.17 crore government contract is a positive business development, though the scale is modest. The order reinforces the company's presence in infrastructure consultancy but is unlikely to be a major stock-moving event on its own.