The Board of Directors of the Company, in their meeting held on August 11, 2025, considered, approved and recommended the appointment of M/s. ASG & Associates, Chartered Accountants (FRN: ....
Awaiting price reaction for this filing.
C & C Constructions Ltd's board, at its August 11, 2025 meeting, approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025), showing zero revenue from operations and total income of ₹34.99 lakhs (entirely other income), resulting in a small loss of ₹1.47 lakhs. The company appointed M/s ASG & Associates as Statutory Auditor and M/s Preet Kumar & Associates as Secretarial Auditor, each for a five-year term (FY 2025-26 to FY 2029-30), along with M/s Rahul J Garg & Associates as Internal Auditor for FY 2025-26. Chief Financial Officer Mr. Avanish Kumar resigned effective close of business on August 11, 2025, citing family commitment and personal reasons. The company was sold as a going concern to M/s R K Constructions in December 2024 following NCLT-ordered liquidation, and the formal closure of liquidation proceedings is still pending.
The CFO exit adds to governance uncertainty at a company that is essentially non-operational and still navigating the aftermath of insolvency/liquidation. While no new CFO has been announced yet, shareholders should watch for a replacement appointment and further clarity on the status of liquidation closure, as the company continues to generate no operating revenue.