Faalcon Concepts Limited has announced the withdrawal of its preferential issue plans following a board meeting held on January 09, 2026. The decision marks a strategic shift for the company as it looks to restructure its fundraising approach.

Board Meeting Outcomes

The board meeting, which commenced at 04:00 p.m. and concluded at 04:20 p.m., addressed several key agenda items. The directors approved the withdrawal of two significant preferential issues that were previously sanctioned by both the board and shareholders.

Previous Approvals and Timeline

The preferential issue was initially considered and approved by the board of directors at their meeting held on November 01, 2025. Subsequently, shareholders provided their approval at an Extra-Ordinary General Meeting conducted on November 28, 2025. The company had also submitted an application for "In-principal Approval" with BSE Limited, which was under process.

Strategic Restructuring Decision

The management attributed the withdrawal to recent business developments and prospects, stating their intention to restructure the preferential issue. The company emphasized that the proposed preferential issue now stands postponed rather than permanently cancelled.

Impact Assessment

Faalcon Concepts assured stakeholders that this withdrawal decision will not affect the company's financial stability, operations, or growth prospects. The management emphasized their commitment to maintaining transparency with all stakeholders throughout this process.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company communicated the decision to BSE Limited, where it trades under scrip code 544164, ensuring proper regulatory disclosure protocols were followed.

Faalcon Concepts Limited has announced securing a substantial new work order worth ₹18.42 crores from Splendor Information Technology Private Limited. The company disclosed this development through a regulatory filing under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Project Details and Scope

The awarded contract involves comprehensive work for design, fabrication, construction, and installation of aluminium glazing facade glass at a commercial building project. The work will be executed at Splendor ONYX, located in Sector 142, Noida, Uttar Pradesh.

Contract Terms and Conditions

The order follows a monthly billing structure tied to material delivery and performance milestones. This domestic contract does not involve any related party transactions, with the company confirming that promoter or promoter group companies have no interest in the awarding entity.

Key Contract Specifications

The comprehensive nature of this order encompasses multiple phases of execution:

• Design Phase: Complete architectural and technical design of the glazing facade system
• Fabrication: Manufacturing of aluminium glazing components as per specifications
• Construction: On-site building and assembly work
• Installation: Final installation and commissioning of the facade glass system

Financial and Operational Impact

The ₹18.42 crore order value represents a significant business development for Faalcon Concepts Limited. With a 15-month execution timeline, the project will contribute to the company's revenue stream over more than a year, providing sustained business activity and cash flow generation.

This order reinforces Faalcon Concepts Limited's position in the aluminium glazing and facade solutions market, demonstrating the company's capability to secure substantial commercial building projects in the National Capital Region.