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.

Monarch Surveyors & Engg. Consultants has announced securing a work order worth ₹7.83 crores from Nashik Municipal Corporation. The contract involves providing survey consultancy services for the upcoming Sinhastha Kumbh Mela 2027-28 in Nashik and Trimbak.

Project Details

The project encompasses carrying out survey and allied works for lands requisitioned and acquired for Sinhastha Kumbh Mela 2027-28. This religious gathering, held every 12 years, requires extensive land preparation to accommodate millions of pilgrims.

Contract Terms

The work order specifies immediate commencement with completion timeline as per contract terms. The project operates under cash consideration mechanism. The work remains subject to necessary approvals from governmental authorities.

Business Impact

The company has indicated that this contract represents a significant development expected to positively impact its business operations.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that this transaction does not fall within related party transactions, and promoter group companies have no interest in the work contract. All necessary regulatory disclosures have been completed as per SEBI circular dated November 11, 2024.