The company‘s Managing Director, R Vasudevan, told CNBC-TV18 that Tamla Chemical, owned by Vallabh Bhansali, bought 1.17 crore shares in the company.

Will enjoy 15% margin on recent project win: Vascon

Managing Director R Vasudevan told CNBC-TV18 that timeline for the project win ranges from 30-36 months and that it has been selective in bidding for orders.

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There have been numerous talks on the demand-supply imbalance in the real estate sector, but R Vasudevan MD of Vascon Engineers denied saying, "We don't see that scenario hitting us at least; we have been busy with executing the orders for which bookings have been done."