Announcement under Regulation 30 (LODR) Reg. 2015
Awaiting price reaction for this filing.
C & C Constructions Ltd has incorporated a wholly owned subsidiary named 'Ceigall Integrated Energy Limited' (CIEL) on October 29, 2025, under the Companies Act, 2013. CIEL will operate in the Electric Power Industry, marking the company's entry into a new business vertical beyond its core infrastructure work. CCCL will hold 100% of CIEL's share capital post-allotment, with an initial subscription of up to ₹1,00,000 in cash. The authorized share capital of CIEL is set at ₹1 Lakh (10,000 equity shares of ₹10 each). Post-allotment, CCCL and CIEL will be classified as related parties.
This represents a strategic diversification into the electric power sector, giving shareholders exposure to a new business line. However, the initial capital outlay is minimal (~₹1 Lakh), suggesting the subsidiary is in a nascent/seed stage and any meaningful financial impact or value creation will only become visible once CIEL begins actual operations and capital is deployed.