Matrix Geo Solutions Completes Major Topographic and Utilities Mapping Project for RITES Limited
Matrix Geo Solutions Limited (MGSL) has successfully completed a significant assignment involving the Topographic Survey, Utilities Mapping, and Digitization of Cadastral Maps for RITES Limited. This project was crucial for the Development of Economic Corridor and Inter Corridor and Feeder Routes to Improve the Efficiency of Freight Movement in India (LOT-2/HARYANA/Package-1), serving the National Highways Authority of India (NHAI).The completion of this project, which was awarded by RITES Limited (a Navratna Enterprise of the Government of India, operating under the Ministry of Railways), reinforces MGSL’s capabilities in large-scale highway survey and geospatial mapping within India's national infrastructure corridor development programs.
The assignment, which spanned over several years, involved comprehensive surveying work across five major road sections totaling approximately 314 km. The scope of work included Topographic Survey using Aerial/Mobile LiDAR and UAV, Final Location Survey, Utilities Mapping using GPR, Land Acquisition support, and Digitization of cadastral maps.
The contract details and scope are summarized below:
| Detail | Information |
|---|---|
| Agreement Date | 12.12.2017 |
| Date of Commencement | 12.12.2017 |
| Date of Completion | 11.04.2025 |
| Contract Value | Rs. 2,82,64,571/- (including GST) |
The five road sections covered under the assignment included:
| Road Section | State Highway |
|---|---|
| Rewari -Narnaul -Pacheri Kalan | NH-11 |
| Narnaul -Nangal Chaudhary -Paniyala Mor | NH-148B |
| Gurgaon -Pataudi -Rewari | NH-352W |
| Sangat Kalan -Mandi Dabwali -Sangaria | NH-54 |
| Bhiwani -Bawani Khera -Hansi -Barwala | NH-148B |
RITES Limited has formally acknowledged the completion of the work, issuing an Experience/Completion Certificate dated 21st August 2026, confirming the satisfactory execution of the assignment by Matrix Geo Solutions Limited. This completion strengthens the company's track record with key infrastructure clients such as RITES Limited and NHAI.
MGSL Stock Price Movement
Matrix Geo Solutions Limited shares today slipped by 6.21% to settle at ₹85.35. The stock saw a trading volume of 12,000 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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