C & C Constructions Limited — Important, 29-03-2025: Disclosure of material issue

C & C Constructions Limited has announced a board meeting update, highlighting the resignation of Mr. Puneet Sharma, Whole Time Director, effective from the end of business hours. The board expressed appreciation for his contributions during his tenure. Additionally, the company approved an agreement for an Inter Corporate Deposit of ₹50 Crore with Ceigall Infra Projects Pvt. Ltd., aimed at refinancing existing debt. This move may strengthen liquidity but comes as the company is emerging from liquidation and faces challenges with suspended trading. Investors could see this as a cautious progress, noting both the risk and potential for recovery.