Monarch Surveyors and Engineering Consultants Limited has secured a significant consultancy order from Madhya Pradesh Road Development Corporation Limited to prepare Detailed Project Reports (DPRs) for infrastructure projects across the state. The contract, valued at Rs 2.53 crore, encompasses the preparation of DPRs for Road Over Bridges (ROB), bridges, flyovers, bypasses, and selected stretches of state highways in Madhya Pradesh. This new business win underscores the company's continued engagement in the infrastructure development sector within the domestic market.

The project was awarded following the receipt of a Letter of Acceptance by Monarch Surveyors and Engineering Consultants Limited . The disclosure was made to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transaction does not fall under related party transactions, and the promoter group has no interest in the work contract, ensuring it was conducted at arm's length.

Project Details and Financials

The consultancy services are strictly domestic, with the total contract amount set at Rs 2.53 crore. The consideration for the contract will be met through cash payments. According to the terms of the Letter of Acceptance, the work is scheduled to commence immediately, with the completion timeline adhering to the specific contract terms.

Regulatory and Execution Status

The execution of the project is subject to necessary approvals from relevant governmental authorities. As the work involves state infrastructure, these regulatory clearances are standard prerequisites before the full-scale rollout of DPR preparation activities. The company has confirmed that all required details, including the regulatory references under SEBI circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, have been submitted to the exchanges.

Monarch Surveyors & Engineering Consultants Limited has secured a new work order valued at ₹4.66 crore from the Ratnagiri Municipal Council for Integrated GIS-Based Urban Spatial Data Development. The contract encompasses base map preparation, existing land use mapping, underground utility mapping, and development plan preparation as per the MRTP Act 1966. This engagement is expected to positively impact the company's business operations, with work set to commence immediately under the terms of the Letter of Acceptance. This development follows a previous order from the Office of the District Superintendent of Land Records, Parbhani, valued at ₹4.36 crore, which was disclosed on July 15, 2026.

The disclosure regarding the Ratnagiri order was submitted to BSE Limited on July 18, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the transaction does not fall within related party transactions and that the promoter group has no interest in the work contract. The project is a domestic engagement subject to necessary approvals from governmental authorities.

Contract Details

The agreement outlines the scope of work and financial considerations for the project. The following table summarizes the key particulars of the contract:

The Managing Director, Dattatraya Mohaniraj Karpe, signed the disclosure confirming the receipt of the order. The information has been made available on the company's official website.