Faalcon Concepts Limited has announced that it has secured a new work order worth Rs 4.75 crore from Jagdamba Optics Pvt Ltd. The order pertains to glass, glazing, and window works at the project site located at C-2, Sector 67, Noida, Uttar Pradesh.
According to the company’s filing, the contract will be executed over a period of nine months, with billing linked to performance milestones. The order has been awarded by a domestic entity, and Faalcon confirmed that neither its promoters nor promoter group companies have any interest in Jagdamba Optics.
The company clarified that the contract does not fall under related-party transactions and has been secured at arm’s length.