Mumbai, Oct. 9 -- The project is scheduled for completion within 36 months and carries a total work value of Rs 161.18 crore, excluding GST and insurance. The contract has been granted on a redevelopment basis.
There is no interest held by the promoter or promoter group entities in MSEB Holding Company Limited, and the contract is not classified as a related party transaction. This project strengthens Vascon Engineers' footprint in the urban redevelopment sector.
Vascon Engineers is a Pune-based player engaged in engineering, procurement, and construction (EPC), real estate construction, and development.
The company's consolidated net profit surged 131.39% to Rs 21.89 crore on 12.71% increase in revenue from operations to Rs 221.18 cro...
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