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Consolidated Construction Consortium Limited has announced a board meeting on March 21, 2025, to discuss a special resolution for the preferential issuance of up to 2,85,71,436 equity shares at an issue price of ₹17.50 per share, aggregating around ₹50 crore. The proceeds will primarily be utilized for future growth opportunities, acquiring machinery, and general working capital. This strategic move positions the company to strengthen its financial health and operational capacity. Investors may view this as a positive outlook, provided the funds are effectively deployed for growth.
All announcements from Consolidated Construction Consortium Limited