Monarch Surveyors & Engineering Consultants Limited Secures Rs. 4.99 Crore Work Order for DPR Consultancy Services
Monarch Surveyors & Engineering Consultants Limited has secured a Rs. 4.99 crore work order from Maharashtra State Road Development Corporation Limited for DPR consultancy services. The project involves preparation of detailed project report, bidding process management, and land acquisition assistance for a proposed dam at Village Chavani, Taluka Khalapur, District Raigad. The company holds 70% stake in the joint venture executing this domestic project, with work commencing immediately under cash consideration terms.

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Monarch Surveyors & Engineering Consultants Limited has announced securing a substantial work order worth Rs. 4,99,25,000 from Maharashtra State Road Development Corporation Limited. The contract involves providing consultancy services for preparation of Detailed Project Report (DPR) with bidding process and assistance in land acquisition for a proposed dam project.
Project Details
The awarded project focuses on a proposed dam at Village Chavani, Taluka Khalapur, District Raigad. The company will execute this project under a Joint Venture arrangement where Monarch Surveyors & Engineering Consultants Limited holds a 70% partnership stake.
| Parameter | Details |
|---|---|
| Client | Maharashtra State Road Development Corporation Limited |
| Project Location | Village Chavani, Taluka Khalapur, District Raigad |
| Contract Value | Rs. 4,99,25,000 |
| Partnership Stake | 70% in Joint Venture |
| Project Type | Domestic |
Contract Specifications
The comprehensive consultancy services encompass multiple critical aspects of dam development. The scope includes detailed project report preparation, managing the bidding process, and providing assistance in land acquisition activities for the proposed infrastructure project.
| Aspect | Information |
|---|---|
| Service Type | Consultancy Services for DPR Preparation |
| Payment Method | Cash Consideration |
| Commencement | Immediate as per letter of acceptance |
| Regulatory Approvals | Subject to necessary governmental approvals |
| Related Party Transaction | No |
Regulatory Compliance
The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that this transaction does not fall within related party transactions, and promoter groups have no interest in the work contract. The project requires necessary approvals from governmental authorities and will be executed as per contract terms.
Business Impact
This domestic contract represents a significant addition to the company's project portfolio in the infrastructure consultancy sector. The work involves critical infrastructure development in Maharashtra's Raigad district, contributing to the state's dam construction initiatives. The immediate commencement timeline indicates the project's priority status and the company's readiness to execute the consultancy services.

































