Appointment of Mr. Pawan Kumar as an Additional (Non-Executive, Non-Independent) Director on the Board of the Company with effect from September 01, 2025.
Awaiting price reaction for this filing.
C & C Constructions Ltd has appointed Mr. Pawan Kumar (DIN: 06863880) as an Additional Director in the Non-Executive, Non-Independent category, effective September 01, 2025. Mr. Kumar, aged 54, brings over 32 years of experience in infrastructure and construction, holding a Bachelor's in Civil Engineering, a Master's in Highways, and a Ph.D. from IIT Roorkee. He was previously associated with MKC Infrastructure Ltd., Gujarat. The appointment is subject to shareholder approval, which will be sought after an NCLT Order/Approval, suggesting the company may be undergoing a corporate insolvency or restructuring process.
The appointment adds an experienced infrastructure professional to the board, which could be positive for project execution capabilities. However, the conditional nature of the appointment pending NCLT approval signals that the company is likely under insolvency or restructuring proceedings, which remains a key concern for shareholders.