Filter announcements
Loading...
C2C Advanced System is a vertically integrated defense electronics solutions provider catering to the indigenously developed defense products industry in India
Company reclassified ₹3.32 Cr expenditure for Robotic Centre fixed assets under 'General Corporate Purpose'. This accounting adjustment clarifies IPO fund usage, impacting how investors view specific allocations rather than the total amount spent.
C2C Advanced Systems faces a slight delay in declaring financial results for the year ended March 31, 2026, due to unavoidable circumstances and pending information from its USA branch office. The company is taking necessary steps to obtain the requisite data and will declare results within a reasonable time.
C2C clarified it operates solely in Aerospace & Defence, with financials duly signed. Auditors highlighted USD 7.01 Million project sales were to GIAAN Group, not Di Kayu Arms as previously stated, and fund utilization for the half-year is unascertainable. This impacts investor interpretation.