NSEAwarding of order(s)/contract(s)11h ago · 25 Sept 2026, 07:36 am
Awarding of order(s)/contract(s)
Vascon Engineers Limited · VASCONEQ
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Vascon Engineers Limited has received a Letter of Intent for a Rs. 660.79 crore order from Qualcomm India Private Limited for the development of an office facility in Bengaluru.
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Full Announcement
Vascon Engineers Limited receives Letter of Intent for Development of Office Facility Ground + 12 Floors at Bengaluru by Multinational IT Company Qualcomm India Private Limited amounting to Rs. 660.79 Crore
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VASCONEQ_25092026073623_24092026LetterofIntent_V3_Changes_Sd.pdf
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September 25, 2026
To, To,
National Stock Exchange of India Limited BSE Limited
Listing Department, The Department of Corporate Services
Exchange Plaza, Phiroze Jeejeebhoy Towers, Dalal Street,
Bandra (E), Mumbai – 400 051 Fort, Mumbai 400 001
Ref Symbol: VASCONEQ Ref: Scrip Code: 533156
Subject: Vascon Engineers Limited receives Letter of Intent for Development of
Office Facility Ground + 12 Floors at Bengaluru by Multinational IT
Company Qualcomm India Private Limited
Ref: Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015
Dear Sir,
We are pleased to inform that Vascon Engineers Limited has received work order
amounting to Rs. 660.79/- (Rupees Six Hundred & Sixty Crore and Seventy-Nine
Lakhs only) (Including Taxes) from Multinational IT Company Qualcomm India
Private Limited for “Development of an office facility (Block K) comprising three
basements, Ground + 12 floors, and associated infrastructure at Bengaluru.”
The work has to be completed within 30 months from the date of site handover.
You are requested to kindly take the same on record.
Thanking you,
For Vascon Engineers Limited
Neelam Piyush Pipada
Company Secretary and Compliance Officer
M No: A31721
Disclosure required pursuant to Regulation 30 of the Listing Regulations read with Para
A of Part A of Schedule III to the Listing Regulations and the SEBI Circular having
reference no. CIR/CFD/CMD/4/2015 dated September 9, 2015.
Annexure-A
Disclosure Requirement Details
a) Name of the entity awarding the Qualcomm India Private Limited
order(s)/contract(s);
b) Significant terms and conditions of Development of an office facility (Block
order(s)/contract(s) awarded in K) comprising three basements, Ground
brief; +12 floors, and associated
infrastructure at Bengaluru
c) Whether order(s) / contract(s) have Domestic
been awarded by domestic/
international entity;
d) Nature of order(s) / contract(s) Design and Build, GMP Contract
e) Whether domestic or international Domestic
f) Time period by which the The work has to be completed within 30
order(s)/contract(s) is to be months from the date of site handover
executed
g) Broad consideration or size of the Rs. 660.79/- (Rupees Six Hundred &
order(s)/contract(s) Sixty Crore and Seventy-Nine lakhs
only) (Including Taxes)
h) Whether the promoter/ promoter Not Applicable
group / group companies have any
interest in the entity that awarded
the order(s)/contract(s)? If yes,
nature of interest and details thereof;
i) Whether the order(s)/contract(s) Not Applicable
would fall within related party
transactions? If yes, whether the
same is done at “arms-length”