Faalcon Concepts Limited has disclosed the receipt of a new work order to the BSE Limited under Regulation 30 and other applicable regulations of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
The work order has been awarded by Sanskriti University for a project at its Campus-1 building in Chhata Kosi, Mathura, Uttar Pradesh (India). The nature of the work involves 'Glass, Glazing & windows'.
Key Order Details:
- Order Value: ₹3,11,00,000 (Three Crore Eleven Lakh Indian Rupees)
- Project Location: Building Campus -1, Sanskriti University, Chhata Kosi, Mathura, Uttar Pradesh – 281401, India
- Project Timeline: 4 Months
- Significant Terms: The order is related to billing on performance.
- Entity Classification: The order was awarded by a domestic entity.
Related Party Confirmation:
The company has confirmed that the promoter/promoter group companies do not have any interest in Sanskriti University. Consequently, this order does not qualify as a related party transaction.