Key Quantitative Figures
The total order value of the project is ₹1,23,40,000 (Rupees One Crore Twenty-Three Lakh Forty Thousand Only).
Parties Involved
The contract has been awarded by the Maharashtra Maritime Board. The Monarch Surveyors and Engineering Consultants Limited is the recipient of the contract.
Project Details
The contract is for "Designing Groynes Style Dyke, Jetty and Approach Road Construction for Akshi Sakhar in Alibaug Taluka, Raigad, Maharashtra."
Transaction Specifics
- Nature: Domestic contract awarded by a domestic entity.
- Consideration: Cash consideration.
- Related Party Transaction: The transaction is confirmed not to be a related party transaction. Promoters/promoter groups have no interest in the work contract.
- Governmental Approvals: The work is subject to necessary approvals from governmental authorities.
- Timeline: As per the Letter of Acceptance, work is to commence immediately. The estimated completion timeline is as per contract terms [specific timeline not quantified in disclosure].
- Ownership Impact: Not applicable, as this is a work contract, not a share acquisition.