Mumbai, Dec. 24 -- The contract involves carrying out survey and allied works for lands requisitioned for the Sinhastha Kumbh Mela 2027-28 in Nashik and Trimbak.

The contract, awarded by a domestic entity, does not fall under related party transactions, and neither the promoter nor the promoter group has any interest in the work, the company said.

The project will commence immediately as per the letter of acceptance, with completion timelines defined under the contract terms. The work will be executed in cash consideration and is subject to necessary approvals from governmental authorities.

The contract marks a key assignment for Monarch in preparation for one of India's largest religious gatherings, reinforcing the company's expertise...