C & C Constructions Limited — Important, 18-09-2025: Disclosure of material issue

C&C Constructions' Board has approved a **₹50 Cr Inter-Corporate Deposit (ICD)** from Ceigall India Limited. This fresh capital is crucial for the company's revival plan and will be used to repay an existing ICD from Ceigall Infra Projects Private Limited. The new ICD is secured by property title deeds.

**The Issue & Impact:** The company is undergoing a revival, which includes an application filed with NCLT by R.K Constructions for reliefs and concessions. Progress on this NCLT application has been slow. A significant outcome from the NCLT process (upon approval) will be a major change in ownership: Ceigall India Limited is expected to acquire up to 94% of C&C Constructions' shareholding, eventually reducing to 75%. Existing shareholders and lenders will then hold 5%. This means C&C Constructions will become a subsidiary of Ceigall India Limited, fundamentally altering its control structure.

**Company's Response:** Beyond securing the new ICD, the company noted modifications in the ongoing NCLT application and reaffirmed its strategic focus on the core Energy EPC business, particularly Transmission & Distribution (T&D) EPC.

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