Vascon Engineers announced on Friday that it has received an order worth 660 crore rupees from the IT company Qualcomm India. This order involves the development of an office complex in Bengaluru.
As part of regulatory reporting, Vascon Engineers specified that it received a Letter of Intent for the construction of the office facility. This facility will include three underground levels, as well as 12 above-ground floors and associated infrastructure in Bengaluru.
According to the submitted report, the entire scope of work must be completed within 30 months from the handover of the construction site. Previously, Vascon Engineers has implemented hundreds of projects in the commercial, industrial, and residential sectors.
At the time of publication, Vascon Engineers shares were trading at a price of 34.46 rupees, showing a growth of 3.42 percent on the BSE exchange.