<h1>Monarch Surveyors Secures Land Records Consultancy Project Worth Rs 2.6 Crore in Nagpur</h1>
Monarch Surveyors and Engineering Consultants Limited has announced that it has received a Letter of Acceptance for a significant contract, marking an expected positive development for its business operations. The company was selected as one of the agencies to serve as a Licensed Surveyor for the District Superintendent of Land Records in Nagpur.
The total order value for this project stands at Rs 2,61,70,200 (Rupees Two Crore Sixty-Lakh Seventy Thousand Two Hundred only). This contract involves the selection and deployment of licensed surveyors to support the District Superintendent of Land Records in Nagpur.
Key details regarding the contract between Monarch Surveyors and the Office of the District Superintendent of Land Records have been confirmed, covering various aspects of the assignment:
| Aspect | Details |
|---|---|
| Target Entity | Office of the District Superintendent of Land Records, Nagpur |
| Transaction Type | Domestic |
| Contract Objects | Selection and deploying Licensed Surveyor for District Superintendent of Land Records, Nagpur |
| Awarding Entity | Domestic Entity |
| Consideration Mechanism | Cash Consideration |
| Total Contract Amount | Rs 2,61,70,200 (Rupees Two Crore Sixty-Lakh Seventy Thousand Two Hundred only) |
| Timeline Status | Work is set to commence immediately, with the estimated completion timeline governed by contract terms. |
The project is subject to necessary approvals from governmental authorities. The transaction was confirmed as domestic and does not fall under related party transactions, with the company holding no interest in the contracted work.
Stock Price Movement
Monarch Surveyors and Engineering Consultants Ltd settled at ₹226.00 on Friday, marking a 0.49% gain. The shares traded within an intraday range defined by a low of ₹226.00 and a high of ₹229.50.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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