Received new work order from Stride Infraa for Project MAHSR C4 located at Vapi Gujrat worth amounting Rs. 2,53,09,000.
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Faalcon Concepts Limited has received a new work order from Stride Infraa for Aluminium Composite Panel (ACP) work at the MAHSR C4 project site in Vapi, Gujarat. The order is valued at Rs. 2,53,09,000 (approximately Rs. 2.53 crore) with a completion timeline of 3 months and follows a monthly billing structure linked to material delivery and performance. The order is from a domestic entity and is not a related party transaction, with no promoter interest in Stride Infraa. The disclosure is filed under SEBI Listing Regulations, 2015.
This is a modest new order worth Rs. 2.53 crore that adds to the company's order book, but its impact on overall revenue or stock price is likely limited given the small size. Investors should track execution and look for larger follow-up orders from the MAHSR project.