Faalcon Concepts Ltd Secures Rs 101,92,58,750 Order for Glazing Facade Work
Faalcon Concepts Limited has received a significant new work order from Splendor Information Technology Private Limited for the design, fabrication, construction, and installation of aluminium glazing façade work. The contract is valued at Rs 101,92,58,750.The project involves work at the commercial building, Splendor ONYX, located in Sector - 142, Noida 201305, Uttar Pradesh, India. Faalcon Concepts Ltd will be responsible for the complete scope of design and installation related to the glazing façade on the commercial structure.
The contract has a duration spanning three years. Terms include monthly billing tied to material delivery and performance monitoring.
Details regarding the order are as follows:
| Particulars | Details |
|---|---|
| Name of Client | Splendor Information Technology Private Limited Commercial Building, Splendor ONYX, Sector - 142, Noida - 201305, Uttar Pradesh, India |
| Nature of Order | Design, Fabrication, Built & installation of aluminium, glazing façade work |
| Consideration / Size of Contract | Rs 101,92,58,750 |
| Time Period | 03 Years |
| Type of Entity | Domestic |
The contract is not categorized as a related party transaction and Faalcon Concepts Ltd confirmed that the promoter or promoter group companies hold no interest in the awarding entity.
Stock Price Movement
Faalcon Concepts Ltd shares are surging as the market stands at 12:29 PM, trading at ₹34.32, marking a robust 20.00% gain. The company's shares have held tight control over their daily volatility, navigating an intraday range between ₹29.06 and ₹34.32 so far today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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