Vascon Engineers Limited
Incorporated in 1986, Vascon EngineersLtd is a Construction Engineering company, operating in the Real Estate sector
What Vascon files
- Others42
- Investor Meet33
- Important15
- Board Meeting12
- Updates10
- New Orders7
Vascon Engineers allotted 2 crore preferential warrants at Rs 40 each to promoters & non-promoters. This capital raise secured Rs 20 crore upfront, with Rs 60 crore more due within 18 months, boosting potential fully diluted share capital to Rs 251.70 crore.
Vascon Engineers to issue 2 Cr fully convertible warrants via preferential allotment. Promoter Siddharth Moorthy and non-promoter Pratik Saraogi each get 1 Cr warrants, implying capital raise and future equity dilution.
Company clarified a preferential issue of 2 Cr fully convertible warrants to promoters & non-promoters at Rs.40/warrant. Recalculated floor price confirmed compliance. This move increases the promoter group's shareholding from 30.38% to 31.24% on a fully diluted basis.
Vascon Engineers confirmed it is not classified as a 'Large Corporate.' This means it is exempt from filing specific annual disclosures regarding incremental borrowings required for large companies, simplifying compliance for the upcoming financial year.
Vascon Engineers reports strong Q2/H1 FY26. Q2 PAT reached INR 11.43 Cr; H1 PAT surged 70% to INR 33.90 Cr. EPC segment drove 13% revenue growth, securing INR 386 Cr new orders with a robust INR 2,800 Cr order book. Real Estate saw INR 74 Cr sales. MOU with Adani...