C & C Constructions Limited — Important, 29-03-2025: Agreements

C & C Constructions Limited has announced a board meeting where it accepted the resignation of Mr. Puneet Sharma as Whole Time Director, effective the same day, due to personal commitments. The board acknowledged his contributions during his tenure. Additionally, the company approved an Inter Corporate Deposit (ICD) agreement worth ₹50 Crore with Ceigall Infra Projects Private Limited to refinance existing debt. This move reflects ongoing strategic adjustments as C & C emerges from liquidation, though its shares currently face trading suspension. Investors should view the resignation as a potential transitional risk while considering the refinancing agreement a positive step towards financial restructuring.