Faalcon Concepts Limited, formerly known as Faalcon Concepts Private Limited, has announced a significant business development through a stock exchange filing dated April 21, 2025. The company has been awarded a new work order worth ₹2.1 crore by Progressive Training Carrer And Welfare Organisation for executing glass, glazing, and window installations at a prime site in Gurgaon, Haryana.

This disclosure has been made in compliance with Regulation 30 and other applicable provisions under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The detailed communication has been addressed to the Bombay Stock Exchange (BSE) under Scrip Code 544164.

Details of the Work Order

The new project has been assigned for Welldone Tech Park, situated at Sohna Road, Sector 48, Gurgaon – 122018, a bustling commercial hub in Haryana. The site will see the deployment of Faalcon’s expertise in glass, glazing, and window solutions, which are key architectural elements in commercial building design.

The order is valued at ₹2.1 crore (Rupees Two Crore and Ten Lacs Only) and spans a five-month execution window. The company has confirmed that the billing will be done monthly and the terms involve material delivery and performance standards.

This contract marks a key milestone for Faalcon Concepts, showcasing its continued growth trajectory and ability to secure substantial projects in India’s rapidly expanding urban infrastructure segment.

Nature and Scope of the Work

As per the filing, the project involves:

• Glass installation for exterior and interior sections.

• Glazing services, including safety and insulation requirements.

• Window fittings suitable for commercial building codes and performance benchmarks.

The order has been confirmed as a domestic contract, and the awarding entity, Progressive Training Carrer And Welfare Organisation, is a registered Indian organisation with offices in Sector-44, Gurugram, Haryana.

No Promoter Interest or Related Party Transaction

Importantly, the company clarified that:

• No promoter or promoter group companies have any interest in the entity awarding the order.

• The order does not constitute a related party transaction.

• The contract has been obtained independently and on an arm's length basis, reinforcing transparency and regulatory compliance.

Company Outlook and Strategic Position

Faalcon Concepts Limited has consistently positioned itself as a niche player in architectural and construction services, with a specialization in glass and fenestration projects. The newly secured order enhances its growing portfolio of commercial infrastructure projects, particularly in Northern India.

The location of the project, Welldone Tech Park, is part of a high-demand commercial corridor in Gurgaon. Successful execution of this contract could lead to further business opportunities in similar urban development zones.

From a financial perspective, the ₹2.1 crore order contributes positively to the company’s revenue pipeline. Considering the five-month execution period, the revenue recognition from this order is expected to be distributed quarterly, possibly starting from Q1 FY2025-26.

Regulatory Compliance and Corporate Governance

By promptly disclosing this development under SEBI LODR norms, Faalcon Concepts has demonstrated its commitment to corporate transparency and investor awareness. Such disclosures are essential for maintaining investor trust and enhancing the visibility of the company's ongoing business activities.

In its communication to BSE, the company emphasized that all contractual terms are well-documented, and the order will be executed in line with industry standards and regulatory requirements.

About the Awarding Organisation

The entity that awarded the contract, Progressive Training Carrer And Welfare Organisation, operates from Institutional Area, Sector-44, Gurugram. While primarily known for educational and welfare-related initiatives, the organisation appears to be expanding or renovating infrastructure in tech and business zones, such as Welldone Tech Park.

This collaboration indicates that non-traditional entities are increasingly investing in high-quality commercial infrastructure, and companies like Faalcon Concepts are positioned well to service such diversified client profiles.

Conclusion

The new ₹2.1 crore work order marks a strategic and financial win for Faalcon Concepts Limited. It strengthens the company’s order book, demonstrates execution capability in niche architectural domains, and enhances its presence in the NCR commercial infrastructure sector.

With clear terms, transparent regulatory communication, and a growing project portfolio, Faalcon Concepts continues to signal positive business momentum in FY2025-26.

As the project progresses, stakeholders will be keenly watching for updates regarding execution milestones, billing cycles, and revenue realization, which could significantly influence the company's upcoming quarterly financial results.

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