Monarch surveyors & engg. consultants Limited has announced securing a significant consultancy contract worth ₹3,29,63,598 for highway infrastructure development in Tripura. The Letter of Award was received from National Highways & Infrastructure Development Corporation Limited for comprehensive consultancy services on NH-08.

Project Scope and Details

The contract encompasses two major components of highway development in Tripura state. The primary scope involves upgradation of the existing 2-lane with paved shoulders (2L+PS) of the Agartala–Udaipur section to 4-lane with paved shoulders (4L+PS) from Km 6.800 to Km 55.00 of NH-08. Additionally, the project covers development and upgradation of the Udaipur (NH-08) to Amarpur route.

Service Components

The consultancy services include preparation of Detailed Project Report (DPR) and provision of pre-construction services. The project has been awarded under a Joint Venture arrangement, where Monarch Surveyors and Engineering Consultants Limited holds a 51% partnership stake. This domestic contract involves cash consideration as the compensation mechanism.

Implementation Framework

According to the letter of acceptance, work is scheduled to commence immediately with completion timeline as per contract terms. The project requires necessary approvals from governmental authorities as part of the regulatory framework. The company has confirmed this development does not fall within related party transactions, with no promoter group interest in the work contract.

Business Impact

The company has indicated this contract represents a significant development expected to positively impact business operations. The project strengthens Monarch Surveyors' position in highway infrastructure consultancy services, particularly in the northeastern region of India. The 51% stake in the joint venture provides the company with majority control over project execution and decision-making processes.

Monarch Surveyors & Engg. Consultants has secured a contract worth ₹3.30 crore from Bhavnagar Division - Western Railway, as disclosed under SEBI Regulation 30. The contract represents a significant business development for the engineering consultancy firm in the railway infrastructure sector.

Contract Details and Scope

The awarded contract involves specialized pre and post tamping track measurement survey work using the Trimble Gedo Vorsys trolley system. This technology-driven project demonstrates the company's capabilities in modern railway infrastructure surveying and engineering consultancy services.

Project Implementation

According to the disclosure, work is scheduled to commence immediately upon the letter of acceptance, with completion timeline as per contract terms. The project is subject to necessary approvals from governmental authorities, ensuring compliance with regulatory requirements.

Transaction Structure

The company confirmed that this contract does not fall within related party transactions, with no promoter or promoter group companies having any interest in the work contract. The transaction is being executed on an arm's length basis, maintaining transparency in business operations.

Regulatory Compliance

The disclosure was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The information has also been made available on the company's official website at www.monarchconsultants.in .

This contract award strengthens Monarch Surveyors' position in the railway engineering consultancy sector and demonstrates its technical expertise in advanced surveying technologies for critical infrastructure projects.