Faalcon Concepts Limited has received a new work order from Mandeep Dhingra, a sole proprietorship, for glass, glazing, and windows façade work. The order is for an office building project located at Institutional Plot No 164, Sector 44, Gurugram - 122003, Haryana, India.
The total order value amounts to ₹5,25,10,221 (Rupees Five Crore Twenty Five Lacs Ten Thousand Two Hundred Twenty One Only). The contract has a time period of 6 months for completion. Significant terms include monthly billing arrangements related to material delivery and performance.
The order was awarded to a domestic entity. The company confirmed that the promoter/promoter group companies have no interest in the entity awarding the order, and this transaction does not qualify as a related party transaction.