Announcement for receipt of new work order from Signatureglobal (India) Limited for Rs. 2,25,00,000 only under Regulation 30 SEBI LODR 2015
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Faalcon Concepts Ltd has received a new work order from Signatureglobal (India) Limited valued at Rs. 2,25,00,000 (Rs. 2.25 Crore). The work involves supply and installation of glass, glazing, and windows for the Club House at SG City – 93 in Sector 93, Gurgaon. The contract is domestic in nature, has a time period of 9 months, and is billed based on performance milestones. The filing confirms there is no promoter or related party interest in Signatureglobal, and the transaction is at arm's length.
This is a relatively small new order for the company, adding to its order book. For shareholders, it signals continued business activity with a known real estate client, but the size suggests limited material impact on overall revenue or stock price in the short term.