Consolidated Construction Consortium Limited — Important, 19-03-2025: Updates
A corrigendum has been issued for the Extra Ordinary General Meeting (EGM) of Consolidated Construction Consortium Limited. Key revisions include updated details on fund utilization, specifying a total of ₹ 5,000 lakh allocated for investment in future growth opportunities (₹ 300 lakh), purchase of plant and machinery (₹ 700 lakh), working capital (₹ 2,750 lakh), and general corporate purposes (₹ 1,250 lakh). These funds are set for utilization within six months following their receipt.
Additionally, the listing of shares allocated to specific promoters has been corrected, with a total of 1,96,76,827 shares issued at an issue price of ₹ 18.75. Notably, a minor error regarding the closing market price date in the Valuation Report has been corrected to February 18, 2025. Members are urged to review the EGM Notice along with this corrigendum for a comprehensive understanding of the changes. This update may indicate a positive outlook for the company's strategic initiatives and investment plans.
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