CANDCNSEC & C Constructions Limited· ConstructionLowNeutral
Announced Thu, 25 Jun · 16:26 IST

C & C Constructions clarifies Q2 FY26 XBRL filing errors to NSE

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

C & C Constructions submitted a revised Q2 FY26 filing to NSE, correcting XBRL errors where 'Half-Yearly' was selected instead of 'Quarterly'. Q2 FY26 showed zero operating revenue, total income Rs 0.37 crore, and a half-year loss of Rs 4.19 crore. The company is under IBC liquidation, acquired as a going concern in December 2024, with negative equity of about Rs 2,076 crore. Auditor flagged tax prosecution notices and Rs 20.96 crore in sub-judiced EPF damages.

Likely market impact

Procedural XBRL correction. Underlying risks persist including IBC liquidation, negative equity of about Rs 2,076 crore, and pending tax and EPF cases.