Faalcon Concepts Limited Secures Rs. 2.45 Crore Glass & Glazing Project Order from SS Technopark

1 min read     Updated on 08 Apr 2026, 03:10 PM
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AI Summary

Faalcon Concepts Limited has received a Rs. 2,45,14,285 work order from SS Technopark Private Limited for glass, glazing and windows project at an institutional building in Noida. The 4-month project involves performance-based billing with no related party transactions or promoter group interests involved.

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Faalcon Concepts Limited has secured a significant new work order worth Rs. 2,45,14,285 from SS Technopark Private Limited for glass, glazing and windows project. The company announced this development through a regulatory filing under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Project Details and Scope

The work order pertains to glass, glazing and windows installation at a proposed institutional building located on Plot No.-01, F-2 Block Sector-142 Ex-Press High-Way Noida 201305, Uttar Pradesh. The project has been awarded to Faalcon Concepts Limited as a domestic entity with a completion timeline of 4 months.

Parameter: Details
Order Value: Rs. 2,45,14,285
Project Type: Glass, Glazing & windows
Location: Plot No.-01, F-2 Block Sector-142, Noida (U.P.)
Timeline: 4 Months
Billing Terms: Performance-related

Client Information

SS Technopark Private Limited, the entity awarding the contract, has its registered office at Plot no. 3&4, 2nd Floor, A-Block Market, Savitri Bhawan, Preet Vihar, Delhi – 110092. The contract represents a domestic business engagement with no related party transactions involved.

Regulatory Compliance

The company has confirmed that the promoter or promoter group companies have no interest in SS Technopark Private Limited, and the transaction does not fall within related party transactions. The order follows standard commercial terms with billing structured according to project performance milestones.

Corporate Governance

The announcement was made by Ekta Seth, Managing Director of Faalcon Concepts Limited (DIN 08141902), ensuring compliance with stock exchange disclosure requirements. The company has fulfilled its obligation to inform stakeholders about material developments that could impact business operations and financial performance.

Historical Stock Returns for Faalcon Concepts

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+10.19%+8.14%-10.11%-17.61%-55.68%

How will this Rs. 2.45 crore order impact Faalcon Concepts' revenue and profit margins for the current fiscal year?

What is the potential for Faalcon Concepts to secure additional contracts from SS Technopark's other institutional building projects in the NCR region?

Could this project serve as a reference case to help Faalcon Concepts expand into other high-value institutional glazing projects across India?

Faalcon Concepts Limited Declares Exemption from Annual Secretarial Compliance Report for FY26

1 min read     Updated on 08 Apr 2026, 06:47 AM
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Faalcon Concepts Limited has declared its exemption from submitting the Annual Secretarial Compliance Report under Regulation 24A for FY26, citing its BSE SME listing status. The exemption is based on Regulation 15(2) of SEBI LODR Regulations, 2015, which relieves SME-listed entities from various compliance requirements. Managing Director Ekta Seth signed the declaration communicated to BSE Limited on April 7, 2026, formally establishing the company's exemption from this regulatory requirement for the financial year ended March 31, 2026.

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Faalcon Concepts Limited has officially declared its exemption from submitting the Annual Secretarial Compliance Report under Regulation 24A for the financial year ended March 31, 2026. The company communicated this declaration to BSE Limited on April 7, 2026, citing its listing status on the BSE SME platform as the legal basis for the exemption.

Regulatory Framework and Exemption Basis

The exemption is grounded in Regulation 15(2) of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, which provides specific relief to entities listed on SME exchanges. According to this regulation, companies listed on SME platforms are exempt from compliance with multiple regulatory provisions.

Exempted Regulations: Details
Core Regulations: 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27
Additional Exemptions: Clauses (b) to (i) of sub-regulation (2) of regulation 46
Schedule Exemptions: Para C, D and E of Schedule V of SEBI LODR Regulations, 2015
Reference Circular: SEBI Circular dated February 08, 2019 (CIR/CFD/CMDI/27/2019)

Company's SME Listing Status

Faalcon Concepts Limited is listed on the BSE SME platform, which automatically qualifies the company for the regulatory exemptions outlined in the SEBI framework. The SME listing status provides relief from various compliance requirements that are mandatory for companies listed on the main board exchanges.

Declaration Details

The formal declaration was submitted to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. The communication specifically referenced the company's exemption from Regulation 24A compliance, which pertains to the Annual Secretarial Compliance Report requirement.

Declaration Parameters: Information
Submission Date: April 7, 2026
Signatory: Ekta Seth, Managing Director
DIN: 08141902
Financial Year: Ended March 31, 2026
Digital Signature Time: 16:26:01 +05'30'

Impact on Compliance Requirements

The exemption means Faalcon Concepts Limited is not required to submit the Annual Secretarial Compliance Report for FY26, reducing the regulatory compliance burden typically associated with listed entities. This exemption is part of the broader regulatory framework designed to support SME companies by reducing compliance costs and administrative requirements while maintaining essential investor protection measures.

Historical Stock Returns for Faalcon Concepts

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+10.19%+8.14%-10.11%-17.61%-55.68%

Will SEBI consider expanding similar compliance exemptions to other categories of listed companies beyond SME platforms?

How might Faalcon Concepts' reduced compliance burden impact its operational costs and competitive positioning in FY27?

Could the company's SME listing status influence its decision timeline for potentially graduating to the main board?

More News on Faalcon Concepts

1 Year Returns:-17.61%