Monarch Surveyors wins Rs 1.23 Cr order from Maharashtra Maritime Board
Monarch Surveyors & Engg. Consultants secured a Rs 1.23 crore order from Maharashtra Maritime Board for designing a groynes style dyke, jetty, and approach road in Alibaug. The domestic contract, valued at Rs 1,23,40,000, is not a related party transaction and involves cash consideration. Work is subject to governmental approvals and will commence immediately.

*this image is generated using AI for illustrative purposes only.
Monarch Surveyors & Engg. Consultants has secured a new order worth Rs 1.23 crore from the Maharashtra Maritime Board for designing infrastructure in Alibaug, Raigad. The project involves the construction of a groynes style dyke, jetty, and approach road for Akshi Sakhar. This order expands the company's presence in the coastal infrastructure sector within the domestic market.
The contract, confirmed via a Letter of Acceptance dated June 29, 2026, has a total value of Rs 1,23,40,000. The transaction is domestic in nature and does not fall under related party transactions. The promoter group has no interest in the work contract, and the consideration will be made through cash payment mechanisms.
Project Details
The scope of work includes designing and constructing the groynes style dyke, jetty, and approach road. The execution of the work is subject to necessary approvals from relevant governmental authorities. Work is scheduled to commence immediately, with the estimated completion timeline to be determined as per the contract terms.
Contract Overview
| Particulars | Details |
|---|---|
| Client: | Maharashtra Maritime Board |
| Project Scope: | Designing Groynes Style Dyke, Jetty and Approach Road Construction for Akshi Sakhar |
| Location: | Alibaug Taluka, Raigad, Maharashtra |
| Contract Value: | Rs 1,23,40,000 |
| Nature of Transaction: | Domestic |
| Consideration: | Cash |
The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information has been disseminated to the stock exchanges and is available on the company's official website.
Historical Stock Returns for Monarch Surveyors & Engg. Consultants
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.43% | +8.16% | +7.06% | +8.51% | -42.03% | -42.03% |
How will this new order impact Monarch Surveyors' revenue projections for the current fiscal year?
Does this contract signal a strategic shift towards coastal infrastructure projects for the company?
What are the potential risks associated with securing necessary governmental approvals for the project?































