Event: The company has received a Letter of Acceptance for Providing Consultancy Services.
Project Scope: Preparation of Detailed Project Reports (DPRs) for ROB/Bridges/Flyover/Bypasses and Selected Stretches of State Highways in the State of Madhya Pradesh.
Total Order Value: ₹2,53,10,000/- (Rupees Two crore fifty-three lakh ten thousand only).
Client: Madhya Pradesh Road Development Corporation Limited.
Additional Requirements from Annexure A
Related Party Transaction: No, the transaction does not fall within related party transactions. Promoter/promoter group companies have no interest in the work contract.
Geography: Domestic contract.
Objects and Effects: The contract involves providing consultancy services for preparation of DPRs for infrastructure projects in Madhya Pradesh.
Awarding Entity: Domestic entity (Madhya Pradesh Road Development Corporation Limited).
Governmental Approvals: The work is subject to necessary approvals from governmental authorities.
Timeline: Work to commence immediately with estimated completion timeline as per contract terms.
Consideration: Cash consideration.
Shareholding Impact: Not applicable (service contract, not an acquisition).
Additional Information
The information will be made available on the company's website at https://www.monarchconsultants.in/.
The disclosure was signed by Dattatraya Mohaniraj Karpe, Managing Director (DIN: 01155398).
