India, June 11 -- Monarch Surveyors and Engineering Consultants Ltd has been awarded a consultancy contract worth Rs 16.47 crore by the Maharashtra Rural Roads Development Association (MRRDA) for the Maharashtra Green Roads Connectivity for Inclusive Growth Program.

The project involves providing Program Implementation Support Consultant (PISC) services under an Asian Development Bank (ADB)-backed initiative aimed at enhancing rural road connectivity through sustainable infrastructure development.

The contract has been awarded by a domestic entity and is subject to the necessary regulatory and governmental approvals. The company clarified that the transaction does not constitute a related-party transaction, and neither the promoters nor p...