Vascon Engineers Bags ₹131.58 Cr Order from Reliance

Vascon Engineers Ltd has received a Letter of Intent from Reliance Industries Limited for the construction of 04 G+12 FLL Type Buildings for Sector-3 at RG Expansion Jamnagar. The order is valued at ₹131.58 Crore (excluding GST) and is based on a 'Bill of quantities (BOQ) Basis. The project is to be completed within 19 months from the date of receipt of the order. The order does not fall under related party transactions, and the promoter group has no interest in the entity awarding the order.