Mumbai, July 13 -- Under the contract, the company will deploy licensed surveyors for the District Superintendent of Land Records, Nagpur. The work will commence immediately and is expected to be completed in accordance with the timelines specified in the contract.

The total contract value stands at Rs 2,61,70,200 (approximately Rs 2.62 crore), and the consideration will be paid in cash.

The company said the contract has been awarded by a domestic government entity and is subject to the necessary approvals from the relevant governmental authorities.

Monarch Surveyors clarified that the transaction does not qualify as a related-party transaction. It further stated that neither its promoter nor the promoter group has any interest in the ...