The shareholding pattern filed for the quarter ended March 31, 2025, is based on the data presently available with the depositories and the information made available by the Liquidator. ....
Awaiting price reaction for this filing.
C & C Constructions has filed its shareholding pattern for the January–March 2025 quarter with BSE and NSE. The company explains that it was sold as a going concern under the Insolvency and Bankruptcy Code (IBC) effective December 27, 2024, and a new Board of Directors has since been reconstituted. The current shareholding pattern is based on data available with the depositories and information provided by the Liquidator, and is filed on a best-effort basis to meet SEBI's listing deadline. The filing is described as temporary, and the company is awaiting an NCLT order to formally implement changes to its capital structure arising from the insolvency resolution. Once the NCLT passes the order, an updated shareholding pattern reflecting the new capital structure will be filed.
This is a procedural disclosure rather than a material change. However, shareholders should expect significant changes to the capital structure and possibly their holdings once the NCLT formally approves the post-resolution capital structure, which could lead to dilution or restructuring of existing shareholdings.