Monarch Surveyors & Engineering Consultants Limited has authorized three key managerial personnel to determine the materiality of events and make mandatory disclosures to stock exchanges. The Board of Directors approved the designations at its meeting held on July 30, 2026, in compliance with Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This authorization ensures that the company has designated individuals responsible for assessing whether specific information or events are material enough to warrant public disclosure, a critical component of regulatory transparency for listed entities.

The company has identified its senior leadership team as the authorized persons for this purpose. The approved individuals include the Managing Director, the Whole Time Director, and the Chief Financial Officer. These officers will now hold the formal authority to evaluate internal developments and external events against regulatory thresholds for materiality before submitting disclosures to the Bombay Stock Exchange.

Dattatraya Mohaniraj Karpe, the Managing Director, serves as the primary contact for these regulatory communications. His contact details, including the office address at Monarch House in Pune and the corporate email cs@monarchltd.com , have been provided to the exchange. The other two authorized directors, Sanjay Bhalchandra Vidwans and Sanjay Premkumar Kandhari, do not have separate contact details listed in the intimation but remain part of the authorized group for decision-making regarding disclosure materiality.

Regulatory Compliance Details

The intimation was submitted to the Department of Corporate Services at BSE Limited, citing the company’s Scrip Code 544453 and ISIN INE0VOL01028. The filing confirms that the Board’s approval was recorded during the meeting on July 30, 2026. The company has also stated that this information is available on its official website, https://www.monarchconsultants.in/ , ensuring accessibility for investors and stakeholders.

This procedural update does not involve any changes in financial performance or operational strategy but reinforces the company’s governance framework. By explicitly naming the Key Managerial Personnel responsible for materiality assessments, Monarch Surveyors aligns its internal processes with SEBI’s mandate for timely and accurate market disclosures.

Monarch Surveyors & Engineering Consultants has completed the acquisition of GM & FE Ryan Pty Ltd, marking its strategic entry into the Australian engineering market. The Board of Directors approved the completion at its meeting on July 30, 2026, finalizing a cash deal worth AUD $1,741,140. This move secures immediate access to seven Australian Government procurement panels and leverages the target’s 20-year operating track record, strengthening Monarch’s global footprint in engineering consulting and land surveying.

The transaction was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Monarch acquired 10 equity shares of GM & FE Ryan Pty Ltd (ACN: 085 586 910), which acts as the trustee for GMR Engineering Services Unit Trust (ABN: 83 408 901 287). The acquisition does not constitute a related party transaction, as no promoters or promoter group companies hold any interest in the target entity. The deal was negotiated on arm’s length commercial terms between independent parties.

GM & FE Ryan Pty Ltd is based in Shepparton, Victoria, and operates within the engineering consulting and land surveying sector. The entity employs 12 full-time staff and holds technology assets valued at approximately AUD $310,700. It operates without debt and maintains an 80% client retention rate. The business provides eight integrated engineering disciplines, including civil and structural engineering, drone/UAV surveying, GIS and asset management, water engineering, environmental engineering, sustainability/ESD services, and project management.

The financial profile of the acquired entity shows consistent growth. Annual revenue reached AUD $1.8 million in FY2025, up from a three-year average of AUD $1.6 million. Total invoicing since 2005 stands at approximately AUD $24.5 million across roughly 8,200 invoices and 2,500 projects. Management forecasts revenue of AUD $2.2 million for FY2026. The acquisition cost of AUD $1,741,140 reflects the purchase of 100% equity stake in the company.

Financial and Operational Details

Strategic Impact and Regulatory Compliance

The acquisition falls within Monarch’s main line of business as stated in its Memorandum of Association. The primary strategic benefits include immediate access to government procurement panels and a platform for expanding Australian operations. Monarch expects the acquired unit to generate AUD $1.76 million–$1.84 million in FY2026, growing to AUD $2.14 million–$3.22 million by FY2030 across three growth scenarios.

Regulatory compliance measures include the filing of Form ODI Part I with the Authorised Dealer Bank under FEM (Overseas Investment) Rules, 2022, prior to fund remittance. Form ODI Part II must be filed within 30 days of completion, and Annual Performance Reports are due within 60 days of the target’s financial year-end. The disclosure was made to the BSE SME Platform within 24 hours of the Board Resolution.