Monarch Surveyors & Engg. Consultants has secured a Letter of Acceptance from Southern Railway to provide project management services valued at Rs 2,02,00,500.24. The contract involves Pre & Post Tamping Track Measurements using a Portable Track Geometry Measurement Trolley System (Gedo Survey) for Design Mode Tamping on all lines in the MSB-VM Section. This new order is expected to positively impact the business operations of the company.

The disclosure was made to BSE Limited on June 01, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that the transaction does not fall within related party transactions and that the promoter group has no interest in the work contract. The consideration for the project will be made in cash.

The entire scope of work is scheduled to be completed within 10 months from the date of the Letter of Acceptance. The project is domestic in nature and is subject to necessary approvals from governmental authorities. The company has stated that this development is significant for its operations.

Monarch Surveyors & Engineering Consultants Limited has secured a Letter of Acceptance (LOA) from South Western Railway for the appointment of Authority Engineer(s) to provide project management services for two new broad-gauge railway line construction projects. The development was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on May 18, 2026. The total contract value is Rs. 11,19,32,095.44 (Rupees Eleven Crore Nineteen Lakh Thirty-Two Thousand and Ninety-Five Rupees and Forty-Four Paise Only).

Project Scope and Details

The LOA covers two distinct railway infrastructure projects, both involving the construction of new broad-gauge lines and associated works. The scope of each project is outlined below:

• Project 1: Construction of a new Broad-Gauge line between Mid-section (km:5.72) and Kuppam (incl.) (km:23.869) under the Marikuppam–Kuppam new line project (23.7 km), including Civil & Track works, Signal & Telecommunication works, Railway Electrification, and Electrical general services (EPC).
• Project 2: Construction of a new Broad Gauge Railway line between Muluguru (chainage (-) 1906.6 (Ch: 108125 of YNK-PKD)) to Palasamudram (chainage (17/150)), including 02 new yards (Chalivendala & Palasamudram) and existing Maluguru yard modification, with a route length of 19.057 km, including Signal & Telecommunication, Electrification & Electrical general service works (EPC).

Key Contract Parameters

The following table summarises the key details of the contract as disclosed under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024:

Regulatory Disclosure

The transaction does not fall within related party transactions, and the promoter/promoter group companies have no interest in the work contract. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the relevant SEBI circular. The signing authority for the disclosure was Dattatraya Mohaniraj Karpe, Managing Director of Monarch Surveyors and Engineering Consultants Limited.