Faalcon Concepts Ltd Receives Work Order of Rs. 2,45,14,285 from SS Technopark Private Limited
Faalcon Concepts Limited has secured a new work order from SS Technopark Private Limited. The contract is for providing Glass, Glazing & windows for the site located at Proposed Institutional Building on Plot No.-01, F-2 Block Sector-142 Ex-Press High-Way Noida 201305 (U.P.) India.The order value awarded to Faalcon Concepts Limited amounts to Rs. 2,45,14,285 (Two crore Forty Five Lakh Fourteen Thousand Two Hundred Eighty Five Indian Rupees).
Details of the Work Order
The work order was awarded by SS Technopark Private Limited, which has its registered office at Plot no. 3&4, 2 nd Floor, A- Block Market, Savitri Bhawan, Preet Vihar, Delhi - 110092, India.Key details regarding this contract are summarized below:
| Particulars | Details |
|---|---|
| Name of the entity awarding the Order(s)/Contract(s) | SS Technopark Private Limited For site at Proposed Institutional Building on Plot No.-01, F-2 Block Sector-142 Ex-Press High-Way Noida 201305 (U.P.) India |
| Nature of Order(s)/Contract(s) | Glass, Glazing& windows |
| Consideration or size of the Order(s)/Contract(s) | Rs. 2,45,14,285 |
| Time Period associated with the Order(s)/Contract(s) | 04 Months |
| Whether order(s)/contract(s) is awarded to domestic/International entity | Domestic |
Under the terms of the contract, billing will be related to performance. The transaction is not classified as a related party transaction, nor is there any interest from the promoter or promoter group companies in SS Technopark Private Limited awarding the order.
Stock Price Movement
As of 1:21 PM, Faalcon Concepts Ltd is edging higher at ₹38.00, posting a gain of 8.60% for shares. However, the shares remain completely flat throughout the session, oscillating only within the ₹38.00 range.Source:
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