Monarch surveyors & engg. consultants has announced a major business development with the receipt of an appointment letter for a substantial project from Maharashtra Tourism Development Corporation Limited (MTDC). The company disclosed this significant contract win under Regulation 30 of SEBI Listing Regulations, marking an important milestone in its business operations.

Project Details and Scope

The contract encompasses assets demarcation, updation of land records, and assistance in government survey of MTDC properties. This comprehensive project demonstrates the company's expertise in surveying and engineering consultancy services within the tourism infrastructure sector.

Financial Impact and Business Significance

The total order value stands at Rs. 6,04,73,814 (Rupees Six Crores Four Lakh Seventy-Three Thousand Eight Hundred and Fourteen Only). The company has indicated that this development is expected to positively impact its business operations, representing a significant addition to its project portfolio.

The contract falls under domestic operations and does not involve any related party transactions. The promoter and promoter group companies have no interest in this work contract, ensuring arm's length transaction principles.

Implementation Timeline and Regulatory Compliance

According to the letter of acceptance, work is set to commence immediately with completion timeline as per contract terms. The project is subject to necessary approvals from governmental authorities, ensuring full regulatory compliance throughout the execution phase.

Corporate Disclosure and Transparency

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made through proper channels to BSE Limited, with the company's scrip code 544453 and ISIN INE0V0L01028.

This contract win reinforces Monarch Surveyors' position in the surveying and engineering consultancy sector, particularly in government and public sector projects. The company operates from its headquarters at Monarch House in Pune, with additional offices in Mumbai, Delhi, and Nagpur, positioning it well for executing projects across multiple locations.

Monarch Surveyors & Engineering Consultants Limited has announced securing a substantial railway infrastructure project from Central Railway. The company received a Letter of Acceptance for land survey and mapping work related to the Pune-Miraj doubling project, marking a significant milestone in its project portfolio.

Project Details and Scope

The comprehensive contract encompasses updating, reconciling, certification and computerization of land plans for the Pune-Miraj doubling work. The primary objective involves handing over updated land maps to the open line Pune division in connection with the railway doubling project.

Technical Scope and Responsibilities

The project involves extensive technical work including:

• Collection of survey records, maps, and ownership rights documentation of railway land
• Identification and classification of unmutated railway land at survey number level
• Coverage of both rural and urban areas as per available certificates
• Processing of old land plans and roll plans for Central Railway
• Complete documentation of railway land width and area

Regulatory and Compliance Framework

The contract operates under strict regulatory oversight, with work subject to necessary approvals from governmental authorities. The company confirmed that this transaction does not fall within related party transactions, and promoter groups have no interest in the work contract.

Business Impact and Timeline

The company expects this development to positively impact its business operations. Work is scheduled to commence immediately with completion timeline as per contract terms. The project represents a significant addition to Monarch Surveyors' portfolio in the railway infrastructure sector.

Corporate Disclosure

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled all mandatory disclosure requirements and made the information available on its official website at www.monarchconsultants.in .