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 South East ....
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Monarch Surveyors and Engineering Consultants Ltd has received a Letter of Acceptance (LOA) from South East Central Railway for measurement of all yards using advance trolley under the Sr.DEN/Central/BSP jurisdiction. The total contract value is Rs. 2,01,90,884 (approximately Rs. 2.02 crore). The work is domestic, awarded by a government entity, and is not a related-party transaction. The company describes it as a significant development expected to positively impact business operations.
This is a new government railway order that adds to the company's order pipeline. For retail investors, it signals continued business from Indian Railways, though the order size of ~Rs. 2 crore is modest and its materiality depends on the company's overall revenue base.