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Monarch Surveyors acquires Australian firm GM & FE Ryan, now a wholly owned subsidiary As on : 05-Aug-26  16:41

Monarch Surveyors and Engineering Consultants Limited (BSE: MONARCH) announced the completion of its acquisition of GM & FE Ryan Pty Ltd, an Australia-based entity acting as trustee of the GMR Engineering Services Unit Trust, with the transaction recorded with the Australian Securities and Investments Commission (ASIC). As a result of the acquisition, completed on August 5, 2026, GM & FE Ryan has become a wholly owned subsidiary of Monarch, with 100% of its issued share capital transferred to the company, which was executed under a Binding Acquisition Agreement dated May 21, 2026.