Introduction
Leading infrastructure firm Adani Infra partners with Vascon Engineers as Execution Partner under a five-year Early Engagement Model, covering selected Mumbai projects totaling 13.15 million sq. ft. and contributing 30% of annual turnover.
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Share price movement of Vascon Engineers
On September 29, 2025, Vascon Engineers Ltd opened at ₹62.00, up 7.1% from its previous close of ₹57.89. The stock reached a high of ₹68.77 and a low of ₹61.50. By 1:51 PM, it traded at ₹68.19, a 17.79% increase, with a market cap of ₹1,543.05 crore.
Vascon Partners with Adani for Strategic Projects
Vascon Engineers Limited has signed a five-year Memorandum of Understanding with Adani Infra (India) Limited. Vascon will act as the Execution Partner under an Early Engagement Model for selected projects.
The collaboration covers three identified projects totaling approximately 13.15 million sq. ft. in Mumbai. Vascon will engage from the design stage to ensure integration of design and execution processes.
Vascon aims for projects contributing around 30% of its annual turnover. The partnership will be reviewed annually, focusing on long-term strategic collaboration and mutual value creation for both companies.
Ace investor holding in Vascon Engineers
Ajay Upadhyaya holds a 1.44% stake in Vascon Engineers Ltd, owning 32,50,000 shares valued at ₹22.1 crore.
Stock performance of Vascon Engineers for Period of 1 week, 6 months, and 1 year
Vascon Engineers delivered a negative return of 6.22% over the past week, gained 48.3% in the past six months, and declined 9.05% over the past year.
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Shareholding pattern of Vascon Engineers
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 31.10% | 31.10% | 30.90% |
| FII | 0.50% | 0.70% | 0.50% |
| DII | 0.00% | 0.00% | 0.00% |
| Public | 68.40% | 68.20% | 68.50% |
About Vascon Engineers
Vascon Engineers Ltd (NSE: VASCONEQ), founded in 1986, is a Pune-based EPC and real estate developer, executing 200+ projects across 45 million sq. ft., including landmark projects in Mumbai, Pune, and New Delhi.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
A: Vascon Engineers Limited’s share price rose after signing a five-year MoU with Adani Infra for selected Mumbai projects.
A: Vascon Engineers Limited specializes in EPC, real estate construction, and development, executing landmark projects across Mumbai, Pune, and New Delhi.
A: Ajay Upadhyaya holds a 1.44% stake in Vascon Engineers Limited, owning 32,50,000 shares valued at ₹22.1 crore.
