Vascon Engineers Ltd has received Work Order from M/s Adhiraj Constructions Private Limited, a Domestic Entity for the work of Civil and Structural Works in "Samyama" (Residential Township) at Rohinjan Village, Taloja Node, Navi Mumbai amounting to Rs. 35.50 crores. The work has to be completed within 11 months from the date of receipt of Work Order.
Furtherahead, the aforesaid work doesn't fall under the ambit of Related Party Transactions.
Shares of Vascon Engineers Ltd was last trading in BSE at Rs.31.7 as compared to the previous close of Rs. 32.25. The total number of shares traded during the day was 180441 in over 857 trades.