Business Update29 Jul 2026, 10:53 am
Monarch Surveyors Wins ₹2.11 Cr Railway Contract
AI Summary
Monarch Surveyors and Engineering Consultants Ltd has secured a Letter of Acceptance (LOA) for measuring all yards using an advanced trolley under the South East Central Railway. The total order value is ₹2,11,69,023.40. This contract is a domestic work contract and does not involve related party transactions. The project is subject to necessary governmental approvals and is expected to commence immediately with completion as per contract terms. The consideration is in cash.
Key Highlights
- Secured a new contract worth ₹2.11 Cr from South East Central Railway.
- Contract involves measurement of yards using advanced trolley technology.
- Transaction is a domestic work contract, not a related party transaction.
- Project commencement is immediate with completion as per contract terms.
- Consideration for the contract is cash-based.
Price Impact
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