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C & C Constructions LimitedOthers, 29-03-2025: Related Party Transactions

29-03-2025 · 05:16 pm

C & C Constructions Limited's Board has accepted the resignation of Mr. Puneet Sharma as Whole Time Director, effective at the close of business on March 29, 2025. The Board appreciates his contributions during his tenure. Additionally, the company approved an Inter Corporate Deposit agreement worth Rs. 50 Crore with Ceigall Infra Projects Private Limited, aimed at refinancing existing debt. This strategic move could alleviate financial pressures and improve liquidity, presenting a positive outlook for investors amid ongoing challenges, particularly as the company emerges from liquidation.

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