Company Response to NSE Query on Financial Results
Date of Communication: 14-February-2026
Nature of Exchange Query
C & C Constructions Limited responded to the National Stock Exchange of India Limited's email dated 11-February-2026 regarding clarification on financial results submitted in XBRL format with respect to the Outcome of Board Meeting-Financial Results submitted to the Exchange on 10-November-2025.
Company's Clarification on Trading Volume and Financial Results
The company provided detailed clarifications on four specific observations raised by the NSE:
1. XBRL Submission Discrepancies: The company acknowledged that "Half-Yearly" was inadvertently selected instead of "Quarterly" in the Reporting Type drop-down and "Half-Yearly" instead of "Second Quarter" in the Reporting Quarter drop-down. Revised XBRL Integrated Financial Results for the quarter ended 30-September-2025 have been resubmitted with necessary corrections.
2. Format Compliance Issues: The company clarified that due to non-preparation of quarterly financial results during the Corporate Insolvency Resolution Process and Liquidation Period, the Re-constituted Board of Directors is unable to publish comparative figures for the quarter ended September 30, 2024 as required under Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. This is referenced in Note-4 of the financial statements.
3. Machine Readable Form Submission: The company confirmed that financial results were duly uploaded in machine-readable form at the time of submission but have resubmitted a legible copy for the quarter ended 30-September-2025 for compliance assurance.
4. Segment Details: The company clarified that segment reporting is not applicable as it operates in a single segment only, making disclosure of segment details not required under applicable provisions.
Regulatory Compliance Reference
The company referenced compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The financial results were reviewed by A'S G & Associates Chartered Accountants (FRN: 000389N) and include an Emphasis of Matters paragraph regarding ongoing uncertainties.
Financial Results Clarification Details
The financial results for quarter ended September 30, 2025 show:
- Total Income: ₹0.285 million
- Total Expenses: ₹0.438 million
- Loss Before Tax: ₹(0.43) million
- Basic EPS: ₹(1.59)
- Total Assets: ₹3,738.92 million
- Total Equity and Liabilities: ₹3,738.92 million
The auditors highlighted significant uncertainties due to:
- Company acquisition as going concern by R K Constructions on December 27, 2024
- Pending formal closure of liquidation process under IBC
- Limited access to complete financial records from liquidator
- Pending NCLT application for reliefs and concessions
- Ongoing tax and EPF litigation matters