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

C & C Constructions Limited's Board has accepted the resignation of Mr. Puneet Sharma from his role as Whole Time Director, effective today. The Board expressed appreciation for his contributions during his tenure. Additionally, they approved a significant Inter Corporate Deposit agreement of ₹50 Crore with Ceigall Infra Projects Private Limited to refinance existing debt. This move indicates continued attempts to stabilize the company's financial structure, especially as it comes out of liquidation. Investors may view this positively as it suggests proactive management, though risks remain due to the company's current suspension from trading and lack of revenue.