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 National ....
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Monarch Surveyors has received a Letter of Award from National Highways & Infrastructure Development Corporation Limited (NHIDCL), a Government of India enterprise, for consultancy services. The scope covers preparing a Detailed Project Report (DPR) and providing pre-construction services for upgrading the Agartala–Udaipur section of NH-08 from 2-lane to 4-lane, and developing the Udaipur to Amarpur stretch in Tripura. The total project value is Rs. 3.30 crore, and Monarch will execute it under a joint venture where it holds a 51% stake. The order is domestic, with cash-based consideration, and work is set to commence immediately per contract terms.
This is a small-ticket order (Rs. 3.30 crore) in the company's core infrastructure consultancy business and reinforces its relationship with a government PSU client. The financial impact on revenue is likely modest, though it strengthens the order pipeline and credibility for future highway projects.