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.

Faalcon Concepts Limited has announced a significant new work order, bolstering its project portfolio in the construction sector. The company has secured a contract worth Rs 4.75 crore from Jagdamba Optics Pvt Ltd for specialized construction work in Noida, Uttar Pradesh.

Contract Details

The work order, valued at Rs 4.75 crore, involves glass, glazing, and windows work for a site located at C-2, Sector 67, Noida, Uttar Pradesh. This domestic contract showcases Faalcon Concepts' expertise in providing specialized construction services.

Project Specifics

Key Points

1. The project has a stipulated duration of 9 months.
2. Billing for the project is tied to performance, indicating a structured payment schedule based on project milestones.
3. The contract is purely domestic, with no international entity involvement.
4. There are no related party transactions associated with this work order.
5. The promoter/promoter group companies have no interest in Jagdamba Optics Pvt Ltd.

Company Disclosure

Faalcon Concepts Limited, in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, has duly informed the BSE Limited about this new work order. The disclosure was signed by Ekta Seth, the Managing Director of Faalcon Concepts Limited.

This new contract represents a positive development for Faalcon Concepts Limited, potentially contributing to its revenue stream and reinforcing its position in the specialized construction segment. The performance-linked billing structure underscores the company's confidence in its ability to deliver quality work within the specified timeframe.