Consolidated Construction Consortium Limited has scheduled a board meeting for February 21, 2026, to deliberate on key aspects of its proposed preferential allotment under Regulation 29 of SEBI Listing Regulations. The meeting represents a continuation of the company's fundraising initiative that received initial board approval in January 2026.

Fund Raising Initiative Details

The company's board had previously approved on January 30, 2026, a proposal for raising funds aggregating up to ₹98.90 crores through equity shares via the preferential issue route. The funding arrangement involves Mark A B Capital Investment LLC as the primary investor entity.

Investor Entity Clarification

Following a corrigendum dated February 3, 2026, the company clarified that Mark AB Capital Private Limited, formerly known as Mark AB Capital Investment India Private Limited, would serve as the Indian arm of the foreign entity Mark A B Capital Investment LLC. This Indian entity will be responsible for infusing funds into the company, subject to applicable statutory and regulatory approvals.

Upcoming Board Meeting Agenda

The February 21, 2026 board meeting will address several critical aspects of the preferential allotment:

• Consideration of the name change from Mark AB Capital Investment LLC to Mark AB Capital Private Limited
• Approval of the number of equity shares to be issued
• Review of any other financial instruments convertible into equity shares, including warrants
• Adoption of revised valuation report and relevant date
• Assessment of other related aspects pursuant to the investor name change

Regulatory Compliance

The preferential allotment will be subject to shareholders' approval and other requisite approvals and consents as may be required under applicable regulations. The company has issued this intimation in compliance with Regulation 29 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The board meeting reflects the company's commitment to maintaining transparency in its fundraising activities while ensuring full regulatory compliance throughout the preferential allotment process.

Consolidated construction Consortium Limited has issued a corrigendum to correct investor details in its proposed preferential issue, addressing an error in the original board meeting outcome dated January 30, 2026. The correction specifically pertains to the identity of the entity that will participate in the company's fundraising initiative.

Investor Name Correction

The company has clarified that Mark AB Capital Private Limited will be the actual investor, replacing the previously mentioned Mark A B Capital Investment LLC in the original documentation. This correction was communicated through a formal letter to both the National Stock Exchange of India Limited and BSE Limited on February 3, 2026. The company emphasized that all other details of the preferential issue remain unaltered, with only the investor name requiring modification.

Preferential Issue Details

The preferential issue involves the issuance of equity shares to non-promoter allottees under the regulatory framework of SEBI regulations. The company has provided comprehensive details of the proposed securities issuance in compliance with disclosure requirements.

Regulatory Compliance

The preferential issue is being conducted in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, read with the Companies Act, 2013 and rules made thereunder. The company has provided the revised details as required under Regulation 30 of the SEBI Listing Regulations, ensuring full compliance with continuous disclosure requirements.

Investment Structure

Mark AB Capital Private Limited, categorized as a public investor, will have the opportunity to subscribe to the maximum number of 4.30 crore equity shares being offered under this preferential issue. The single investor structure simplifies the allotment process while providing the company with the targeted fundraising amount of up to Rs.98.90 crore.

The corrigendum ensures accurate documentation and maintains transparency in the company's capital raising activities, with Company Secretary S S Arunachalam signing off on the revised disclosure to stock exchanges.