StockWatch
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Consulting Services
Business Update4 Jun 2026, 04:17 pm

Monarch Surveyors Wins ₹2.16 Cr Project for Marine Shipyard Cluster

AI Summary

Monarch Surveyors and Engineering Consultants Ltd has secured a Letter of Acceptance for preparing a Detailed Project Report (DPR) for the New Marine Shipyard Cluster (MSC) at Dighi, Raigad. The project includes Geotechnical Investigation and Topographic Survey, with a total order value of Rs. 2,16,82,500. This contract is with the Maharashtra Maritime Board and is expected to positively impact the company's business operations. The transaction is not a related party transaction and does not involve any interest from the promoter group.

Key Highlights

  • Secured a new project worth ₹2.16 Crores.
  • Project involves Detailed Project Report for a Marine Shipyard Cluster.
  • Order received from Maharashtra Maritime Board.
  • Expected to positively impact business operations.
  • Transaction is not a related party deal.