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CANDCNSEC & C Constructions Limited· ConstructionHighNeutral
Announced Wed, 4 Nov, 2026 · 16:10 IST

Consolidated September 2026 quarter: negative net worth and liquidation risk

Emphasis of matterDebt to equity above the thresholdResults View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Consolidated September 2026 quarter results have no year-earlier comparison; group reporting began in December 2025. Borrowings were Rs 326.29 crore and consolidated net worth was negative Rs 2,104.25 crore. The auditor did not qualify the figures but flagged liquidation uncertainty and possible changes. It was sold to continue operating for Rs 104 crore. Puneet Sharma's whole-time appointment needs shareholder approval; Chandan Singh resigned.

Likely market impact

Though the review was not qualified, negative net worth, unresolved liquidation and pending claims raise high risk and may cause sharp volatility.