Monarch Surveyors & Engineering Consultants Limited has announced the receipt of a significant work order worth Rs. 2,87,77,500 from the National Highways Authority of India (NHAI). The contract involves preparation of Detailed Project Report (DPR) for a major 6-lane road infrastructure project, marking another milestone in the company's engineering consultancy portfolio.

Project Details and Scope

The awarded project encompasses consultancy services for preparation of DPR for a 6-lane road stretching from Harsaru bypass of Gurugram Pataudi road at Wazirpur (NH352W) to Jhajjar (NH-352). The scope includes construction planning for Farrukhnagar Bypass, covering an approximate total length of 33 kilometers.

Joint Venture Structure

The project has been awarded under a Joint Venture arrangement, wherein Monarch Surveyors and Engineering Consultants Limited holds a 40% partnership stake. This collaborative approach allows the company to leverage combined expertise and resources for executing the comprehensive road infrastructure project.

Regulatory Compliance and Disclosures

The company has made this announcement in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure confirms that this transaction does not fall within related party transactions, and promoter or promoter group companies have no interest in the work contract.

Strategic Significance

This NHAI contract reinforces Monarch Surveyors' position in the infrastructure consultancy sector, particularly in highway and road development projects. The DPR preparation work involves comprehensive planning and technical analysis for the proposed 6-lane road infrastructure, contributing to the national highway network expansion in the Gurugram-Jhajjar corridor.

The work is scheduled to commence immediately following the letter of acceptance, with completion timelines as per contract terms. The project is subject to necessary approvals from governmental authorities, ensuring compliance with regulatory requirements for highway infrastructure development.

Monarch Surveyors & Engineering Consultants Limited has announced the receipt of a significant Letter of Acceptance for railway infrastructure projects worth Rs. 7,51,10,062.06 from East Central Railway. The company disclosed this development under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Project Details and Scope

The contract encompasses comprehensive structural design services for multiple railway infrastructure components. The project scope includes structural designs for new line projects, doubling, 3rd & 4th line projects, road over bridges and road under bridges, along with station buildings, foot over bridges (FOBs), platform shelters and other ancillary structures.

Contract Terms and Execution

The project falls under the Construction Organization at CAO/Con/North, East Central Railway, Mahendrughat, Patna. The entire work is scheduled for completion within 36 months from the date of issue of Letter of Acceptance. The payment mechanism involves cash consideration, ensuring straightforward financial transactions throughout the project duration.

Regulatory and Compliance Aspects

The contract represents a domestic transaction that does not fall within related party transactions. The company has confirmed that promoter and promoter group companies have no interest in this work contract. The project execution is subject to necessary approvals from governmental authorities, ensuring compliance with all regulatory requirements.

Strategic Significance

This contract award reinforces Monarch Surveyors & Engineering Consultants Limited's position in the railway infrastructure consulting sector. The comprehensive scope covering multiple infrastructure components demonstrates the company's technical capabilities in handling complex railway projects. The 36-month timeline provides a structured framework for project delivery while ensuring quality execution of structural design services across various railway infrastructure elements.