Vascon Engineers Bags ₹660.8 Cr Order from Qualcomm India Private Limited
Vascon Engineers received a Rs. 660.79 Crore work order from Qualcomm India for an office facility in Bengaluru. The project will be completed within 30 months.
CRISIL Ratings has assigned a 'BBB+/Stable' rating for long-term facilities and 'A2' for short-term facilities. The update reflects the company's current credit profile.
Vascon Engineers Limited secured a Rs. 126.39 Crore contract from the Public Works Department, Arvi Division. The order entails developing a 300-bed hospital in Wardha, Nagpur.
Vascon Engineers reported Q1FY27 consolidated revenue of Rs 152 Cr and PAT of Rs 2 Cr. Strategy focuses on EPC order book strengthening and real estate debt optimization.
Vascon Engineers Limited has scheduled a Board Meeting for August 12, 2026, to approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026.
Vascon Engineers Limited held its 41st Annual General Meeting on August 07, 2026. The meeting covered adoption of financial statements, director appointments, and related party transactions.
Vascon Engineers Limited has fixed July 31, 2026, as the cut-off date for its Annual General Meeting. Shareholders eligible on this date may vote on the meeting resolutions.
Vascon Engineers allotted 2 crore convertible warrants at ₹40 each on a preferential basis. This issuance facilitates a total capital raise of ₹80 Crore.
Reliance Industries cancelled a work order with Vascon Engineers Limited regarding the construction of residential buildings in Jamnagar. This termination constitutes an adverse business impact.
Vascon Engineers Limited announced the cancellation of a ₹131.58 Crore work order previously awarded by Reliance Industries Limited for construction at the Jamnagar expansion project.
Vascon Engineers Limited submitted its FY 2025-26 Annual Report. The company reported a total order book of Rs.2,717 Crore and scheduled its 41st AGM for August 7, 2026.
Vascon Engineers issued an AGM notice for August 7, 2026. Key agenda includes approving a Rs. 150 Crore related party transaction and director appointments.
Vascon Engineers provided clarifications on its preferential warrant issue approved by shareholders. The issue price of Rs. 40 per warrant remains compliant with SEBI ICDR regulations.
Vascon Engineers received a Rs.347.43 Crore EPC contract from CPWD for RBI quarters redevelopment in Guwahati. The 36-month project strengthens its order book and revenue visibility.
Vascon Engineers Limited submitted its Annual Secretarial Compliance Report for the financial year 2025-26. The report by Amit Jaste & Associates confirms overall regulatory compliance.
Vascon marks 40 years with a transition quarter, navigating temporary revenue declines in EPC while aggressively pivoting toward higher-margin Real Estate under new leadership.
Vascon Engineers Limited announced shareholder approval for resolutions at its Extraordinary General Meeting held May 18, 2026. All items passed with requisite majorities via electronic voting.
Vascon Engineers held an EGM to approve 2,00,00,000 convertible warrants and increased borrowing limits to ₹1500 Crore. Shareholders approved all business items via e-voting.
Vascon Engineers approved its FY2026 audited financial results and key leadership changes. The board elevated Siddharth Vasudevan Moorthy to Chairman and appointed Raveesh Rao as CEO-Real Estate.
Vascon Engineers Limited secured a ₹131.58 Crore construction order from Reliance Industries Limited. The project involves building four G+12 FLL type buildings within 19 months.
Vascon reports stable performance despite revenue decline, focusing on execution and liquidity. Management prioritizes cash flow over aggressive EPC growth while re-energizing the real estate segment under new leadership.
Vascon Engineers FY26 revenue reached ₹948.5cr with ₹48.9cr Consolidated PAT. Strategy focuses on EPC order book growth and Real Estate debt optimization.
Vascon Engineers approved its audited FY26 financial results and re-appointed Mr. Sankaramahalingam Balasubramanian as an Independent Director. Leadership changes and committee reconstitutions were also confirmed by the board.
Vascon Engineers announced board-approved management changes, including new independent director appointments and tenure completions. These leadership updates and auditor re-appointments follow the May 2026 board meeting.
Vascon Engineers has fixed May 11, 2026, as the cut-off date for its upcoming Extra-ordinary General Meeting. This determines shareholder eligibility for voting on resolutions.