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C&C Constructions board to approve FY26 results May 6

CANDC

C & C Constructions Ltd

CANDC

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Board meeting scheduled despite trading suspension

C&C Constructions Ltd has scheduled a board meeting for May 6, 2026 to consider and approve its audited financial results for the fiscal year ended March 31, 2026 (FY26). The update is significant because the company’s shares remain suspended from trading on both BSE and NSE due to an ongoing liquidation process. Even without active trading, statutory disclosures and board approvals continue to matter for stakeholders who track the company’s financial position. The company has also stated that the trading window for insiders has been closed since April 1, 2026.

What the board is expected to take up on May 6

The stated agenda for May 6 is the approval of audited financial results for FY26. In a liquidation context, audited results provide a formal year-end view of the company’s financials for creditors, remaining stakeholders, and regulators. The meeting is expected to be a procedural step that helps document the company’s financial position as the liquidation progresses. The company has not indicated any imminent reversal of the trading suspension.

Liquidation remains the central overhang

C&C Constructions is described as historically focused on infrastructure projects such as roads and bridges, and it is currently undergoing liquidation. The liquidation process has been linked to the prolonged suspension of its shares on the two major exchanges. The company has also said there is no indication of an imminent reversal of the suspension. Any eventual reopening of trading, if it occurs, would depend on the conclusion of liquidation and regulatory approvals, which the company described as uncertain.

Recent financial reporting: Q3 FY26 publication and limited information caveat

Ahead of the FY26 audit, the company disclosed that it published its un-audited financial results for the quarter and nine months ended December 31, 2025. The publication was carried in Financial Express (English Edition - All India) and Dainik Action India (Hindi Edition - New Delhi) on February 11, 2026. The newspaper publication included a QR code and a web link for accessing the complete financial results along with the auditor’s limited review report.

In the February 9, 2026 board meeting outcome, the company said its financial statements were prepared based on limited information due to the ongoing liquidation process and pending applications before the National Company Law Tribunal (NCLT). This context is important for interpreting periodic numbers, as the company itself has flagged constraints on information availability during liquidation.

February 9 board outcome: results approval and governance changes

On February 9, 2026, the board considered and approved unaudited financial results (standalone and consolidated) for the quarter and nine months ended December 31, 2025, along with the limited review reports from statutory auditors. The company said these results were reviewed and recommended by the audit committee.

The same meeting also approved an investment in the equity shares of Ceigall Transmission and Distribution Limited (CTDL), a wholly-owned subsidiary. The company further said that the Nomination and Remuneration Committee and the Stakeholder’s Relationship Committee were re-constituted. The meeting was held from 4:00 PM to 6:00 PM.

Disclosed regulatory and compliance matters

Alongside financial updates, the company noted receipt of notices regarding prosecution proceedings for late TDS deposit. It also disclosed receiving summons for damages related to EPF contributions. These disclosures reflect continuing compliance and statutory processes even while liquidation is underway.

Snapshot of disclosed financial metrics (converted to ₹ crore)

The article text includes select figures from the period ended September 30, 2025 (Q2 FY26) and related disclosures. To keep units consistent, figures originally stated in ₹ million have been converted to ₹ crore (₹1 crore = ₹10 million).

Metric / eventPeriod / dateFigure (₹ crore)Notes
Total incomeQ2 FY26 (ended Sep 30, 2025)3.784Originally ₹37.84 million
Net lossQ2 FY26 (ended Sep 30, 2025)4.188Originally ₹41.88 million
Total assetsAs of Sep 30, 2025573.892Originally ₹5,738.92 million
Total liabilitiesAs of Sep 30, 2025310.018Originally ₹3,100.18 million
Company sold as a going concernDec 27, 2024104.00Stated as post-NCLT liquidation order (Oct 7, 2022)

Timeline of board and disclosure milestones

The company’s disclosures show a sequence of scheduled meetings and outcomes for periodic results, culminating in the planned FY26 audit approval.

DateEventWhat was disclosed
Oct 7, 2022NCLT liquidation orderCited as the liquidation trigger in later disclosures
Dec 27, 2024Sold as a going concernSale value stated at ₹104 crore
Aug 11, 2025Board meeting outcomeUnaudited results for quarter ended Jun 30, 2025 approved with limited review report
Nov 10, 2025CFO appointment effectiveMr. Davinder Kaushik appointed as CFO
Feb 9, 2026Board meeting outcomeUnaudited results for quarter and nine months ended Dec 31, 2025 approved; committees reconstituted
Apr 1, 2026Trading window closureTrading window for insiders closed
May 6, 2026Scheduled board meetingAudited FY26 financial results to be approved

Market impact: suspension limits price discovery, but disclosures matter

Because the company’s shares are suspended on BSE and NSE, the immediate market impact through price movement is not available in the usual way. Still, audited FY26 results can influence how creditors, claimants, and other stakeholders assess recoveries and the company’s remaining obligations. It also provides a formal record for the liquidation process, especially when the company has already stated that some financial statements were prepared with limited information amid pending NCLT applications.

For investors tracking the case from the sidelines, the key near-term item is the official announcement of the approved FY26 results after the May 6 meeting. Any further communication from the company or regulators on liquidation progress would be another material update, particularly because the company has indicated that a trading resumption is uncertain and dependent on liquidation closure and approvals.

Why the May 6 approval matters in a liquidation framework

In a normal operating company, an audited annual result is a routine compliance item. In a liquidation scenario, it can take on added relevance because it helps validate the year-end position under audit scrutiny, and it acts as a reference point for stakeholders who rely on officially approved numbers. The company has highlighted the constraints created by liquidation and pending NCLT matters, which makes the final audited set especially important as a formal record.

Conclusion

C&C Constructions’ May 6, 2026 board meeting is focused on approving audited FY26 results, even as the company remains in liquidation and its shares stay suspended on BSE and NSE. The next confirmed milestone is the company’s post-meeting disclosure of the approved numbers, along with any additional updates on the liquidation process from the company or regulators.

Frequently Asked Questions

The board meeting is scheduled for May 6, 2026 to consider and approve the audited financial results for FY26 ended March 31, 2026.
The shares are suspended due to the company’s ongoing liquidation process, as stated in the disclosure.
It indicates that trading by company insiders is restricted during the period, as the company disclosed the trading window was closed from April 1, 2026.
The text cites Q2 FY26 total income of ₹3.784 crore and a net loss of ₹4.188 crore, plus assets of ₹573.892 crore and liabilities of ₹310.018 crore as of Sep 30, 2025.
The board approved unaudited results for the quarter and nine months ended Dec 31, 2025, approved an investment in CTDL, and reconstituted board committees.

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