Vascon Engineers has received approval for raising of funds by way of issuance of such number of equity shares having face value of Rs 10 each of the Company (Equity Shares) and / or other eligible securities or any combination thereof (hereinafter referred to as Securities), for an aggregate amount not exceeding Rs 125 crore or an equivalent amount thereof by way of qualified institutions placement (QIP) or other permissible mode in accordance with the applicable laws, subject to the receipt of necessary regulatory / statutory approvals, as may be required. The Board of Directors of the company, at its meeting held on November 30, 2023, has inter-alia approved 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.
