NSEAwarding of order(s)/contract(s)5d ago · 12 Aug 2026, 05:10 pm
Awarding of order(s)/contract(s)
Vascon Engineers Limited · VASCONEQ
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Vascon Engineers Limited has received a work order worth Rs.126.39 Crore for the development of a 300-bedded general hospital at Wardha Nagpur, Maharashtra.
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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment8/10
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Full Announcement
Vascon Engineers Limited has informed the Exchange about Awarding of order(s)/contract(s)
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VASCONEQ_12082026170948_12082026LetterofIntent.pdf
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August 12, 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 work order for Development of 300
bedded general hospital at Wardha Nagpur, Maharashtra worth
Rs.126.39 Crore
Ref: Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015
Dear Sir / Ma’am,
We are pleased to inform that Vascon Engineers Limited has received Letter of Intent
amounting to Rs.126.39 Crore [One Hundred & Twenty Six Crore Thirty Nine
Lakh.) (Excluding GST)] from Executive Engineer, Public Works Department, Arvi
Division, Wardha Nagpur for “Development of 300 bedded general Hospital at
Wardha Nagpur, Maharashtra”. The work has been awarded on ‘Item Rate Basis.
The work has to be completed within 24 months from the date of receipt of order.
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 Executive Engineer, Public Works
order(s)/contract(s); Department, Arvi Division, Wardha
Nagpur (Maharashtra)
b) Significant terms and conditions of Development of 300 bedded general
order(s)/contract(s) awarded in hospital at Wardha Nagpur,
brief; Maharashtra
c) Whether order(s) / contract(s) have Domestic entity
been awarded by domestic/
international entity;
d) Nature of order(s) / contract(s) The work has been awarded on Item
Rate Basis
e) Whether domestic or international Domestic
f) Time period by which the The work has to be completed within 24
order(s)/contract(s) is to be executed months from the date of receipt of order.
g) Broad consideration or size of the Rs.126.39 Crore (Excluding GST)]
order(s)/contract(s)
h) Whether the promoter/ promoter None of the Promoter/Promoter Group
group / group companies have any has any interest in the aforesaid work.
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) The aforesaid work doesn’t fall under
would fall within related party the ambit of Related Party Transactions.
transactions? If yes, whether the
same is done at “arms-length”