Received new work order for amount Rs. 2,86,53,745 for Aakash Hospital, Sector 12, Dwarka, New Delhi
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Faalcon Concepts Ltd has received a new work order valued at Rs. 2,86,53,745 (approximately Rs. 2.87 crore) from LV Creations LLP. The work involves glass, glazing, and window installations at the Aakash Hospital – Polyclinic located at Plot No. 150, Sector 12, Dwarka, New Delhi. The order is domestic in nature, is not a related party transaction, and is to be completed over a 6-month period. Billing is linked to performance milestones.
This adds roughly Rs. 2.87 crore to the company's order book, providing some near-term revenue visibility. Given the modest order size, the impact on the stock is likely to be limited unless the company regularly wins such contracts.