C & C Constructions Limited — Important, 29-03-2025: Memorandum of Understanding/Agreements
29-03-2025 · 05:06 pm
C & C Constructions Limited has announced a board meeting where Mr. Puneet Sharma has resigned from his position as Whole Time Director due to family commitments, effective immediately. The board expressed gratitude for his contributions during his tenure. Additionally, the company approved an Inter Corporate Deposit agreement valued at ₹50 crore with Ceigall Infra Projects Private Limited to refinance existing debt. This could improve liquidity and financial stability for C & C Constructions, though investors should remain aware of the ongoing suspension in trading of the company's shares, leading to a neutral impact on market sentiment.
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