Intimation under Reg 30 of SEBI (LODR) w.r.t. Appointment of Mr Manmohan Sibbal (DIN: 08735161) as an additional director (Non-Executive Independent Director) and taking note of resignation ....
Awaiting price reaction for this filing.
C & C Constructions Ltd has appointed Mr. Manmohan Sibbal (DIN: 08735161) as an Additional Director (Non-Executive, Independent) on the Board with effect from January 2, 2026. Mr. Sibbal, aged 67, brings over 46 years of experience in corporate and banking sectors, including a senior role as Joint President and Company Secretary at Jaiprakash Associates Limited. His appointment is subject to shareholder approval, which will be sought after obtaining an NCLT order. Separately, Mrs. Simran Sehgal (DIN: 10948115) has resigned as Non-Executive Director effective January 3, 2026, citing personal reasons. She also stepped down from the Nomination and Remuneration Committee and Stakeholder's Relationship Committee.
This is a routine board-level change with no immediate material impact on operations or shareholders. The reference to NCLT approval suggests the company is undergoing or has recently gone through insolvency/corporate restructuring proceedings, which is a relevant context for investors to monitor.