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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Awaiting price reaction for this filing.
Monarch Surveyors and Engineering Consultants Ltd has received a work order worth Rs. 4.32 crore from Maharashtra State Road Development Corporation (MSRDC), a government entity. The order is for optimization of interchanges along the Nagpur-Goa (Pavnar-Patradevi) Access Controlled Super Communication Maharashtra Shaktipeeth Expressway in Maharashtra. The work is domestic, with cash consideration, and is expected to commence immediately as per the contract terms. The transaction is not a related-party deal, and the order value has been disclosed under SEBI's Listing Regulations.
This is a modest new contract from a state government agency, adding to the company's order book and supporting near-term revenue visibility. The size is relatively small, so while positive for business growth, the direct impact on stock price is likely limited unless part of a larger order pipeline.