Vascon Engineers Share Price Surged Over 3% After Securing ₹660.79 Crore Qualcomm Office Project in Bengaluru

Vascon Engineers has secured a ₹660.79 crore work order from Qualcomm India Private Limited for a new office facility in Bengaluru, as per the exchange filing. The project covers construction of Block K along with the infrastructure required for the facility.  

The contract covers a sizeable office building with three basements, a ground floor and 12 upper floors. Vascon will have 30 months to complete the work after the project site is handed over.   

Qualcomm Project Covers 15-Level Office Facility 

The development, identified as Block K, will include three basement levels, Ground + 12 floors and associated infrastructure. The project is being undertaken for Qualcomm India in Bengaluru.  

With the three basements included, the facility will have a substantial built structure across multiple levels. The company has not disclosed further details on the specific use of individual floors. 

₹660.79 Crore Contract Includes Taxes 

The work order is valued at ₹660.79 crore, with taxes included in the stated amount. The contract has been awarded by Qualcomm India, which is identified in the filing as a domestic entity.  

The project follows a Design and Build, GMP Contract structure. This means Vascon's scope covers the development work under the agreed contract arrangement. 

The project has a scheduled execution period of 30 months from the date of site handover.  

Read More: Ola Electric Share Price Falls Over 8% Ahead of Board Meet to Raise Funds! 

Vascon Engineers Share Price Performance  

As of 25 September 2026, at 11:40 AM, Vascon Engineers Ltd share price is trading at ₹34.43 per share, reflecting a surge of 3.42% from the previous trading session. 

Conclusion 

The Qualcomm project brings a ₹660.79 crore Design and Build contract to Vascon Engineers. The company is required to complete the Bengaluru office facility within 30 months of site handover. 

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