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Incorporated in 1986, Vascon EngineersLtd is a Construction Engineering company, operating in the Real Estate sector
Vascon Engineers has set a cut-off date to determine shareholder eligibility for voting on resolutions at its upcoming Annual General Meeting. This clarifies which investors can participate in important company decisions.
Vascon Engineers posted audited Q4 and FY26 results. Siddharth Moorthy was elevated to Chairman. Board saw new Independent Director appointments and a departure. An investment in Ascent Hotels was sold for ₹45 Cr, generating ₹17.5 Cr profit. Kanchi Properties was acquired, while Almet Corp divestment is paused due to a...
Vascon Engineers has fixed May 11, 2026, as the cut-off date for its Extra-ordinary General Meeting (EGM). This date is key for shareholders to determine their eligibility to vote on EGM resolutions.
Vascon Engineers acquired 100% of Kanchi Properties, now a wholly-owned subsidiary. Kanchi operates in the same construction vertical, focusing on tenanted properties. Acquisition cost was 1.02 Lakhs. Kanchi's recent turnover was 27.24 Lakhs with a net worth of 33.85 Lakhs.
Vascon Engineers allotted 3.03 million new equity shares (worth Rs. 3.03 Cr) under its ESOS-2020 scheme. This increases the company's paid-up share capital from Rs. 228.67 Cr to Rs. 231.70 Cr.