Consolidated Construction Consortium Limited Corrects Investor Details in Rs.98.90 Crore Preferential Issue

1 min read     Updated on 03 Feb 2026, 10:02 PM
scanx
Reviewed by
Jubin VScanX News Team
Overview

Consolidated Construction Consortium Limited issued a corrigendum correcting the investor name in its preferential issue from Mark A B Capital Investment LLC to Mark AB Capital Private Limited. The preferential issue involves up to 4.30 crore equity shares at Rs.23 per share, aggregating Rs.98.90 crore, with all other terms remaining unchanged.

31681948

*this image is generated using AI for illustrative purposes only.

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.

Parameter Details
Security Type Equity Shares
Face Value Rs.2.00 per share
Issue Price Rs.23.00 per share
Premium Rs.21.00 per share
Maximum Shares 4,30,00,000
Total Amount Rs.98,90,00,000
Investor Category Public

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.

Historical Stock Returns for Consolidated Construction

1 Day5 Days1 Month6 Months1 Year5 Years
-2.58%-10.63%-2.47%+8.71%+25.50%+5,560.00%
Consolidated Construction
View Company Insights
View All News
like18
dislike

Consolidated Construction Consortium Reports Strong Q3 Turnaround with ₹35 Million Profit

1 min read     Updated on 30 Jan 2026, 08:04 PM
scanx
Reviewed by
Riya DScanX News Team
Overview

Consolidated Construction Consortium achieved a significant financial turnaround in Q3, reporting a net profit of ₹35.00 million versus a loss of ₹93.00 million in the same quarter last year. The company also demonstrated strong revenue growth, with Q3 revenue increasing to ₹741.00 million from ₹512.00 million year-over-year. This performance reflects improved operational efficiency and successful business execution in the construction sector.

31329295

*this image is generated using AI for illustrative purposes only.

Consolidated construction Consortium has delivered a remarkable financial turnaround in its Q3 performance, demonstrating strong operational improvements and business growth. The construction company has successfully transformed its financial position from a loss-making quarter in the previous year to achieving profitability in the current period.

Financial Performance Overview

The company's Q3 results showcase a significant improvement across key financial metrics. The most notable achievement is the transition from a net loss position to profitability, indicating effective cost management and improved project execution.

Financial Metric Q3 Current Year Q3 Previous Year Change
Net Profit/Loss ₹35.00 million Loss ₹93.00 million Turnaround of ₹128.00 million
Revenue ₹741.00 million ₹512.00 million Growth of ₹229.00 million

Revenue Growth Analysis

The company's revenue performance has been particularly strong, with Q3 revenue reaching ₹741.00 million compared to ₹512.00 million in the same quarter of the previous year. This substantial increase reflects improved business activity and potentially successful project completions during the quarter.

Profitability Transformation

The shift from a net loss of ₹93.00 million in Q3 of the previous year to a net profit of ₹35.00 million in the current Q3 represents a total positive swing of ₹128.00 million. This dramatic improvement indicates:

  • Enhanced operational efficiency
  • Better project management and execution
  • Improved cost control measures
  • Stronger market positioning

Business Outlook

The Q3 results demonstrate Consolidated Construction Consortium's ability to execute its business strategy effectively and deliver improved financial performance. The combination of revenue growth and profitability improvement positions the company favorably within the construction sector.

Historical Stock Returns for Consolidated Construction

1 Day5 Days1 Month6 Months1 Year5 Years
-2.58%-10.63%-2.47%+8.71%+25.50%+5,560.00%
Consolidated Construction
View Company Insights
View All News
like20
dislike

More News on Consolidated Construction

1 Year Returns:+25.50%