Company news: Vascon Engineers

Updated - January 03, 2019 at 09:49 PM.

22/01/2010 MUMBAI: ( Left) Mr. R. Vasudevan, MD, Vascon Engineers Ltd and Mr. Ameet Hariani, Director, Vascon Engineers Ltd at a press conference to announce the company's IPO held in Mumbai on January 22, 2010. Photo; Paul Noronha

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.

Published on January 3, 2019 16:08