Vascon Engineers bags civil works contract worth Rs 35.50 cr

Vascon Engineers has received work order from Adhiraj Constructions Private Limited, a domestic entity, for civil and structural works in ‘Samyama’ (residential township) at Rohinjan Village, Taloja Node, Navi Mumbai, amounting to ₹35.50 crore. The work has to be completed within 11 months from the date of receipt of work order. The work doesn’t fall under the ambit of related-party transactions, the company said. The stock of Vascon Engineers closed at ₹31.75, up 0.16 per cent, on the BSE.