Faalcon Concepts Limited has announced a significant new contract, strengthening its position in the construction and infrastructure sector. The company has secured a work order from Signatureglobal (India) Limited for glass, glazing, and windows work at a project site in Gurgaon.

Contract Details

The contract, valued at Rs 1.19 crore, involves glass, glazing, and window work for Building 37D at SG City-II, Sector-37D, Gurgaon. Faalcon Concepts is expected to complete the project within a timeline of 6 months.

Key Points of the Agreement

• Scope of Work: The contract encompasses glass, glazing, and window installation for the specified building.
• Client: Signatureglobal (India) Limited, a prominent real estate developer.
• Location: Building 37D, SG City-II, Sector-37D, Gurgaon - 122505, India.
• Contract Value: Rs 1.19 crore
• Project Duration: 6 months
• Billing Terms: The contract includes performance-related billing provisions.

Company Disclosure

In compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, Faalcon Concepts Limited has officially informed the stock exchange about this new work order. The company has confirmed that this is a domestic contract with no promoter group interest or related party transaction implications.

Management Statement

Ekta Seth, Managing Director of Faalcon Concepts Limited, signed the official disclosure, emphasizing the company's commitment to transparency and adherence to regulatory requirements.

This new contract underscores Faalcon Concepts' growing presence in the construction and infrastructure sector, particularly in the National Capital Region (NCR). The project aligns with the company's core competencies in providing specialized glass and glazing solutions for modern building projects.

Investors and stakeholders will likely view this development as a positive indicator of Faalcon Concepts' business growth and its ability to secure contracts with reputable clients in the real estate sector.

Faalcon Concepts Limited , a company specializing in façade systems, has announced a significant new contract win. The company has received a work order worth Rs 4.29 crore from LV Creations LLP for glass, glazing, and windows installation at a site in New Delhi's Moti Nagar.

Contract Details

The domestic contract, which involves no promoter group interest or related party transactions, has been awarded for a duration of 9 months. The billing for the project will be tied to performance milestones.

Project Scope

The work order encompasses the installation of glass, glazing, and windows at a site located at 2nd Floor, 29 Najafgarh Road, Moti Nagar, New Delhi. This project aligns with Faalcon Concepts' expertise in designing, engineering, fabricating, and installing façade systems.

Company Background

Faalcon Concepts Limited, incorporated in 2018, has been steadily building its reputation in the façade industry. The company offers a range of products including:

• Glazing/curtain walls
• High-end aluminium doors & windows
• Skylights
• Canopies
• Frameless glazing

Financial Implications

This new contract is expected to contribute positively to Faalcon Concepts' revenue stream. The company reported:

The addition of this Rs 4.29 crore project is likely to bolster the company's order book and financial performance in the coming quarters.

Market Position

The contract win underscores Faalcon Concepts' growing presence in the architectural glass and façade market. As the Indian construction industry continues to evolve, with an increasing emphasis on modern and energy-efficient building designs, companies like Faalcon Concepts are well-positioned to capitalize on the growing demand for sophisticated façade solutions.

This latest project in New Delhi adds to Faalcon Concepts' portfolio of work across various Indian states, including:

• Haryana
• Uttar Pradesh
• Rajasthan
• Madhya Pradesh
• Karnataka
• Gujarat
• Punjab
• Delhi

The successful execution of this contract could further strengthen Faalcon Concepts' market position and potentially lead to more significant projects in the future.