Monarch Surveyors Wins ₹2.02 Cr Southern Railway Contract

Key Quantitative Figures

The total order value is ₹2,02,00,500.24 (Rupees Two Crore Two Lakh Five Hundred Rupees and Twenty-Four Paise Only).

Parties Involved

• Client: Southern Railway

Project Details

The contract involves providing project management services for Pre & Post Tamping Track Measurements using Portable Track Geometry Measurement Trolley System (Gedo Survey) for Design Mode Tamping on all lines in MSB-VM Section.

Transaction Characteristics

• Type: Domestic contract awarded by domestic entity
• Related Party: No, the transaction does not fall within related party transactions
• Promoter Interest: Promoter/promoter group companies have no interest in the work contract
• Consideration: Cash consideration mechanism

Regulatory Approvals

The work is subject to necessary approvals from governmental authorities.

Additional Information

• BSE Scrip Code: 544453
• Company CIN: L45203PN1999PLC013830
• Disclosure Reference: SEBI circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024

Expected Impact

The company states this is a significant development expected to positively impact business operations.

#Tags: #MonarchSurveyors #SouthernRailway #SEBIRegulation30 #ContractAward #InfrastructureServices