Vascon Engineers Receives Rs 660.79 Cr Qualcomm Order

Core Announcement – Order Details

Awarding Entity: Qualcomm India Private Limited

Domestic/International Order: Domestic

Nature of Order/Contract: Design and Build, GMP Contract for development of an office facility (Block K) comprising three basements, Ground + 12 floors, and associated infrastructure at Bengaluru.

Order Value: Rs. 660.79/- (Rupees Six Hundred & Sixty Crore and Seventy-Nine Lakhs only) including taxes.

Materiality Context: Not Specified

Execution Timeline: The work must be completed within 30 months from the date of site handover.

Revenue Recognition / Billing Structure: Not Specified

Key Terms & Payment Milestones: Not Specified

Whether Related Party Transaction: No

Promoter Group Involvement: No involvement confirmed (Not Applicable)

Financial Implication: Not Specified