Concord Enviro Systems Limited — Updates, 08-08-2025: Scheme of Arrangement

Concord Enviro's Board of Directors has approved its financial results for the quarter ended June 30. Consolidated revenue reached Rs. 102.39 Cr with a profit after tax of Rs. 5.14 Cr. The Board also approved a financial restructuring scheme to adjust negative retained earnings against the securities premium account, aiming to reflect true financial health and enable future shareholder distributions without affecting shareholding or cash. Further, up to Rs. 40 Cr will be infused into its wholly-owned subsidiary, Concord Enviro (FZE), for capital expenditure and working capital. Unutilized IPO proceeds of Rs. 84.96 Cr remain in bank deposits.