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C2C Advanced System is a vertically integrated defense electronics solutions provider catering to the indigenously developed defense products industry in India
C2C Advanced Systems Limited has informed the Exchange about General Updates (Letter to Our Shareholders from the Chief Executive Officer of the Company)
C2C Advanced Systems expects collecting ~130-145 Cr in receivables post-project completion. H2 profit reduced by ~5.5 Cr due to related party interest provisions. A 14 Cr provision for credit loss was made, but all are collectible. Company focuses on global expansion and indigenous tech.
C2C Advanced Systems reports a delay in its annual financial results, citing pending information from its USA branch. The company is actively working to release the results soon. #C2C #ResultsDelay
C2C wins significant contracts, including Canadian naval DSS (INR 41.7 Cr) & 29 Indian counter-drone systems. Indian Navy listed C2C for WECDIS. Expanded global footprint with Mohan Meakin's Industry 4.0, Malaysia (USD 7.01M), and UAE (INR 55.57 Cr) projects. Launched a new Innovation & Research Center.
C2C Advanced Systems established an Innovation & Research Center (CIRC) to drive indigenous technology and IP in defense, security, and critical infrastructure. This move, led by Nalin Relan, aims to develop next-gen products and create long-term shareholder value.