Received new work order from Sanskriti University Chhata Kosi Mathura - 281401, Uttar Pradesh, India for amount Rs. 3.11 Cr
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Faalcon Concepts Limited has secured a new work order worth Rs. 3,11,00,000 (approximately Rs. 3.11 crore) from Sanskriti University for glass, glazing and windows work at their Building Campus-1 in Chhata Kosi, Mathura, Uttar Pradesh. The order is domestic in nature and is to be executed over a period of 4 months. Billing will be based on performance milestones. The disclosure is made under SEBI LODR Regulation 30. The company confirmed the order is not a related-party transaction and promoters have no interest in the awarding entity.
This is a modest new order that adds to the company's order book from the institutional/private education segment. For shareholders, it provides incremental revenue visibility over the next four months, though its material impact on stock price would depend on Faalcon's overall order pipeline and quarterly revenue base.