Q2 FY26 results approved; new CFO and subsidiary added
Awaiting price reaction for this filing.
C and C Constructions filed unaudited results with limited review for Q2 and H1 FY26 ended September 30, 2025. The company was acquired as a going concern by R K Constructions in December 2024 following IBC liquidation. The auditor issued an emphasis of matter on pending liquidation closure, an NCLT application seeking reliefs, income tax prosecution notices for FY 2012-13 to 2016-17, and EPF damages of Rs 0.96 Crores. A new CFO, Mr Davinder Kaushik, was appointed. The board approved a new wholly owned subsidiary, Ceigall Integrated Energy Limited. Re-constituted board signed results with a liability disclaimer.
Results still carry IBC-related uncertainties and old tax or EPF disputes; new management is rebuilding through subsidiaries and fresh leadership.