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Pune-headquartered Vascon Engineers on Thursday informed the exchanges that it has concluded two transactions worth ₹50 crore. The first transaction comprised the sale of amenity plot along with school building to Infraschool Services Gurgaon Pvt Ltd for ₹36.50 crore, and the second involved sale of land situated at village Balewadi, Baner, along with all other joint venture partners to Keywest Realty Pvt Ltd for a consideration of ₹100 crore — Vascon’s share in the project was ₹13.10 crore. Shares of Vascon Engineers closed at ₹17.25, down 1.43 per cent on the NSE.
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