Monarch Surveyors Wins Rs 21.17 mn Rail Measurement Contract
RAILWAYS & METRO RAIL

Monarch Surveyors Wins Rs 21.17 mn Rail Measurement Contract

Monarch Surveyors and Engineering Consultants Limited (the company) has received a letter of acceptance (LOA) for a rail measurement contract worth Rs 21.17 mn, the firm announced on 29 July 2026. The order covers measurement of all yards using an advanced trolley under the jurisdiction of the Senior Divisional Engineer Co-ordination, BSPs office, South East Central Railway. The company said the work will be executed under domestic tendering and will be undertaken on a cash consideration basis, with work scope and technical specifications defined in the LOA.

The contract amount in rupees corresponds to Rs 2,11,69,023.40 as stated in the acceptance document and the conversion to million has been presented for clarity. The company indicated that the assignment is not a related party transaction and that the promoter group holds no interest in the work contract. It added that the execution of the project will be subject to necessary governmental approvals and regulatory clearances required for such infrastructure assignments. The company said it will maintain records for audit and investor communication during project execution activities.

The notice filed under Regulation 30 of the Securities and Exchange Board of India listing obligations and disclosure requirements is intended to ensure compliance with listing norms and market disclosure standards. The company indicated that work is expected to commence immediately and that timelines for completion will follow contract terms. The matter has been recorded with BSE where the scrip code is 544453 and ISIN is INE0V0L01028.

Management affirmed that the contract does not involve acquisition of shareholding or control and that no shares are being acquired. The disclosure will be uploaded to the company website for investor reference and the managing director, Dattatraya Mohaniraj Karpe, authorised the filing. The company operates from multiple locations including Mumbai, New Delhi and Pune and will mobilise resources accordingly.

Monarch Surveyors and Engineering Consultants Limited (the company) has received a letter of acceptance (LOA) for a rail measurement contract worth Rs 21.17 mn, the firm announced on 29 July 2026. The order covers measurement of all yards using an advanced trolley under the jurisdiction of the Senior Divisional Engineer Co-ordination, BSPs office, South East Central Railway. The company said the work will be executed under domestic tendering and will be undertaken on a cash consideration basis, with work scope and technical specifications defined in the LOA. The contract amount in rupees corresponds to Rs 2,11,69,023.40 as stated in the acceptance document and the conversion to million has been presented for clarity. The company indicated that the assignment is not a related party transaction and that the promoter group holds no interest in the work contract. It added that the execution of the project will be subject to necessary governmental approvals and regulatory clearances required for such infrastructure assignments. The company said it will maintain records for audit and investor communication during project execution activities. The notice filed under Regulation 30 of the Securities and Exchange Board of India listing obligations and disclosure requirements is intended to ensure compliance with listing norms and market disclosure standards. The company indicated that work is expected to commence immediately and that timelines for completion will follow contract terms. The matter has been recorded with BSE where the scrip code is 544453 and ISIN is INE0V0L01028. Management affirmed that the contract does not involve acquisition of shareholding or control and that no shares are being acquired. The disclosure will be uploaded to the company website for investor reference and the managing director, Dattatraya Mohaniraj Karpe, authorised the filing. The company operates from multiple locations including Mumbai, New Delhi and Pune and will mobilise resources accordingly.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code