StockWatch
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Consulting Services
Deals11 Jun 2026, 03:28 pm

Monarch Surveyors Wins ₹16.47 Cr Consultancy Mandate

AI Summary

Monarch Surveyors and Engineering Consultants Ltd. has secured a consultancy mandate valued at approximately ₹16.47 crore as part of the Maharashtra Green Roads Connectivity for Inclusive Growth Program. The company will provide Program Implementation Support Consultant (PISC) services under a Joint Venture where Monarch holds a 70% stake. The total project value is ₹23.53 crore, awarded by the Maharashtra Rural Roads Development Association (MRRDA). This contract is expected to enhance rural road connectivity, promote economic development, and support sustainable transportation infrastructure in Maharashtra, further strengthening Monarch's position in the infrastructure consulting sector.

Key Highlights

  • Secured ₹16.47 crore consultancy mandate for Maharashtra Green Roads Program.
  • Project awarded under a Joint Venture with a 70% stake for Monarch.
  • Total project value stands at ₹23.53 crore.
  • Enhances rural connectivity and sustainable infrastructure development.
  • Strengthens company's position in the transportation infrastructure segment.