Received new work order from LV Creations LLP amounting Rs. 4,28,74,062.
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Faalcon Concepts has bagged a new work order valued at Rs. 4,28,74,062 (around Rs. 4.29 crore) from LV Creations LLP for glass, glazing, and windows work at a site in Moti Nagar, New Delhi. The contract is a domestic order with a 9-month execution window, and billing is linked to performance milestones. The company has confirmed that promoters and promoter group companies have no interest in LV Creations LLP, and the order is not a related party transaction. It is an arm's-length deal with an independent private client.
This adds Rs. 4.29 crore to Faalcon's order book, giving roughly 9 months of revenue visibility on this single contract. Given the modest size and private-client nature, the immediate stock impact is likely limited, though continued order inflows would be needed to materially move the needle.