Vascon Engineers Ltd

Vascon Engineers Limited informed the National Stock Exchange of India Limited and BSE Limited that it has closed the trading window for dealing in securities of the company for Designated Persons and Relatives of Designated Persons, effective Thursday, October 1, 2026, until after the declaration of unaudited financial results for the second quarter and half year ended September 30, 2026, in accordance with SEBI regulations; the PAN of Designated Persons will be freezed by National Securities Depository Limited during this period.

Vascon Engineers Ltd. is up 3.84% to Rs 34.6, extending recent gains that have seen the stock climb 14.38% over the last one week. Vascon Engineers Limited announced it has received a Letter of Intent from Qualcomm India Private Limited for a development project in Bengaluru, securing a work order valued at Rs 660.79 Cr (including taxes) for the construction of an office facility comprising three basements, ground level, and 12 floors. The project, a design and build GMP contract, is slated for completion within 30 months from the date of site handover. Trading volume reached 0 shares today, a plunge of 100.0% compared to the one-week average. Vascon Engineers Ltd tanked by 43.45% year-over-year, underperforming the 7.96% loss in the NIFTY50 index.

Vascon Engineers Ltd announced today, August 24, 2026, that CRISIL Ratings Limited (“CRISIL”), a credit rating agency, has assigned a Long Term Facilities Rating of CRISIL BBB+ /Stable and a Short Term Facilities Rating of CRISIL A2 to the company; no other rating agencies were mentioned and no enhancements, assignments, or withdrawals were noted regarding these specific instruments; the ratings pertain to Long Term Facilities and Short Term Facilities, with CRISIL reaffirming both ratings; a press release detailing these ratings is available on the CRISIL website at https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/VasconEngineers Limited_August%2021_%202026_RR_403094.html.

Vascon Engineers Limited announced it has received a Letter of Intent worth Rs 126.39 Crore (excluding GST) from the Public Works Department, Arvi Division, Wardha Nagpur, for the development of a 300-bed general hospital in Wardha Nagpur, Maharashtra. The project, awarded on an ‘Item Rate Basis,’ is slated for completion within 24 months from the order receipt date, and involves no related party transactions, according to a regulatory filing.

Vascon Engineers Limited will hold a board meeting on Wednesday, August 12, 2026, to consider and approve the Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2026. The trading window for the company closed on July 1, 2026, and will remain closed until 48 hours after the declaration of the unaudited financial results.

Vascon Engineers has allotted 2 crore warrants to Promoter and Non-Promoter on a preferential basis, each carrying a right exercisable by the Warrant holder to subscribe to 1 equity share per Warrant by way of private placement, at a price of Rs. 40 (including premium of Rs. 30) per Warrant of which 25% of the issue price of the warrants, being the minimum upfront consideration as prescribed under Regulation 169 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 has been received by the Company and the balance 75% of the issue price shall be payable by the warrant holders in due course of 18 Month.

Vascon Engineers announced that the Annual General Meeting(AGM) of the company will be held on 7 August 2026.

Vascon Engineers has received Letter of Intent amounting to Rs.347.43 crore (including GST)] from Central Public Works Department, Guwahati for 'Demolition and Re-development of RBI Quarters at Zoo-Narengi Road Colony, Guwahati, Assam'. The work has been awarded on EPC basis. The work has to be completed within 36 months from the date of receipt of order.

The project involves the demolition and redevelopment of Reserve Bank of India (RBI) residential quarters at the Zoo-Narengi Road Colony in Guwahati, Assam. Awarded on an Engineering, Procurement and Construction (EPC) basis, the contract is scheduled to be executed over a period of 36 months from the date of receipt of the work order. The contract, valued at Rs 347.43 crore, is expected to strengthen the company's order book and enhance revenue visibility over the medium term. Vascon Engineers said the order has been awarded by a domestic entity and clarified that neither its promoters nor promoter group entities have any interest in the awarding authority. The company also stated that the contract does not qualify as a related-party transaction. Vascon Engineers is a Pune-based player engaged in engineering, procurement, and construction (EPC), real estate construction, and development. The company reported an 83.54% decline in consolidated net profit to Rs 5.72 crore in Q4 FY26 compared with Rs 34.77 crore in Q4 FY25. Net sales tumbled 34.61% YoY to Rs 253.08 crore in Q4 FY26. Powered by Capital Market - Live

According to the company's exchange filing, the order involves the construction of four G+12 FLL-type buildings for Sector-3 at RG Expansion, Jamnagar. The contract has been awarded on a Bill of Quantities (BOQ) basis, with a completion timeline of 19 months from the date of receipt of the order. The company clarified that neither its promoters nor promoter group entities have any interest in the awarding entity, and the transaction does not fall under related-party transactions. Vascon Engineers is a Pune-based player engaged in engineering, procurement, and construction (EPC), real estate construction, and development. The company reported an 87.72% decline in standalone net profit to Rs 9.35 crore in Q3 FY26 compared with Rs 76.14 crore in Q3 FY25. Net sales tumbled 15.29% YoY to Rs 249.27 crore in Q3 FY26. Reliance Industries is India's largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail and digital services. The company's consolidated profit after tax including the share of profit/(loss) of associates and JVs, fell 8.9% YoY to Rs 20,589 crore in Q4 FY26. Profit before tax stood at Rs 27,195 crore, down 6.6% YoY. Gross revenue rose 12.9% YoY to Rs 325,290 crore. The counter shed 0.10% to Rs 1,333.90 on the BSE. Powered by Capital Market - Live