C & C Constructions Limited has informed the Exchange about change in Management
Awaiting price reaction for this filing.
C & C Constructions' board met on August 11, 2025 and approved several key items. Mr. Avanish Kumar resigned as Chief Financial Officer effective the same day, citing family commitment and personal reasons. The board appointed M/s. ASG & Associates as Statutory Auditors for a five-year term (FY25-26 to FY29-30), M/s. Preet Kumar & Associates as Secretarial Auditor for five years, and M/s. Rahul J Garg & Associates as Internal Auditor for FY25-26. The company also reported its first quarterly results under new management (acquired as a going concern by R K Constructions in December 2024) for Q1 FY26, showing zero revenue from operations, other income of Rs. 34.99 million, total expenses of Rs. 36.46 million, and a loss before tax of Rs. 1.47 million (EPS: -0.06).
Shareholders should note the company is in a transitional phase post-insolvency and currently has no operating revenue, so the CFO exit and the selection of a fresh set of auditors signal the new management is building its governance structure. The company remains under pending NCLT liquidation closure, and future results could change materially once final information is received from the Liquidator.