Vascon Engineers has raised Rs 9.50 crore through the allotment of 950 Unrated, Unlisted, Secured, Non-Convertible Debentures (NCDs) of face value of Rs 1,00,000 each to Prachay Capita through Private Placement basis. The Board of Directors through Circular Resolution under Section 175 of the Companies Act, 2013 dated February 01, 2023 has approved allotment of the same.
Vascon Engineers is one of the leading Construction Engineering Company in India with presence in Real Estate business having an asset light model and Clean Room Partition manufacturing business.