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 Nashik ....
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Monarch Surveyors and Engineering Consultants Ltd has received a work order worth Rs. 7.83 crore (Rs. 7,83,04,800) from the Nashik Municipal Corporation. The order is for survey and allied work on lands being acquired for the Sinhastha Kumbhamela 2027-28 in Nashik and Trimbak. The work is domestic in nature and will be paid in cash, with commencement immediate upon letter of acceptance. The project is subject to standard government approvals. The company expects this to positively impact its business operations.
This Rs. 7.83 crore government order strengthens the company's order book and adds visibility to revenue for the coming quarters. The association with a marquee public event like Kumbhamela also enhances the company's credibility for future government contracts.