Vascon Engineers Limited receives Letter of Intent amounting to Rs. 72 Crore for Construction of Residential building namely "Astoria" at Bandra, Mumbai

October 28, 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 Construction of Residential Building namely “Astoria” at Bandra, Mumbai Ref: Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 Dear Sir, We are pleased to inform that Vascon Engineers Limited has received letter of intent amounting to Rs. 72.00/- (Rupees Seventy-Two Crores only) (excluding Taxes) from Neobridge Realty LLP for “Construction of Residential Building “Astoria” at Bandra, Mumbai.” The total work period is 25 months. 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 Neobridge Realty LLP, Vile Parle (West), order(s)/contract(s); Mumbai-400049 b) Significant terms and conditions of Construction of Residential building i.e. order(s)/contract(s) awarded in Project - Astoria, Bandra, Mumbai (Shell brief; and Core Work, including RCC, Anti- Termite Treatment and other allied work and STP Work c) Whether order(s) / contract(s) have Domestic been awarded by domestic/ international entity; d) Nature of order(s) / contract(s) EPC Mode e) Whether domestic or international Domestic f) Time period by which the The work has to be completed within 25 order(s)/contract(s) is to be months. executed g) Broad consideration or size of the Rs. 72.00/- (Rupees Seventy-Two Crores order(s)/contract(s) only) (excluding 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; a) Whether the order(s)/contract(s) Not Applicable would fall within related party transactions? If yes, whether the same is done at “arms-length”