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.