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 Central Railway.
Price
▲ 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 a Letter of Acceptance from Central Railway for survey, land plan updating, reconciliation, certification and computerization work related to the Pune-Miraj railway doubling project. The contract is valued at approximately Rs. 5.89 crore (Rs. 5,89,03,899.72). The work is domestic, awarded by a government entity, and is not a related party transaction. Cash-based consideration, with work to commence immediately as per contract terms.
This is a positive development for the company, adding a new government-backed order to its order book. While the absolute value is modest, it strengthens the company's revenue visibility and validates its capability in railway infrastructure consultancy.