Key Quantitative Figures
The total order value of the project is ₹2,16,82,500 (Rupees Two Crore Sixteen Lakh Eighty-Two Thousand Five Hundred Only).
Parties Involved
Client/Awarding Authority: Maharashtra Maritime Board
Project Details
Project Description: Preparation of a Detailed Project Report (DPR) for the New Marine Shipyard Cluster (MSC), including Geotechnical Investigation and Topographic Survey.
Project Location: Dighi, District Raigad.
Transaction Details
Nature of Transaction: Domestic work contract awarded by a domestic entity (Maharashtra Maritime Board).
Consideration Mechanism: Cash consideration.
Related Party Status: The transaction is not a related party transaction. Promoter/promoter group companies have no interest in the work contract.
Governmental Approvals: The work is subject to necessary approvals from governmental authorities.
Time Period: The entire work shall be completed as per the terms of the Letter of Acceptance.
Shareholding Impact: Not applicable, as this is a service contract, not an acquisition.
Stated Impact and Rationale
The company describes this as a significant development that is expected to positively impact its business operations.
Additional Information
The information has been made available on the company's website at https://www.monarchconsultants.in/.