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Concord Control Systems LtdUpdates, 11-08-2025: Company Update

11-08-2025 | 03:21 pm

Concord Control Systems' Board has approved the allotment of 24,681 equity shares on a preferential basis. These shares, issued at Rs. 1,418.08 each, are part of a non-cash transaction to acquire a 10% equity stake in Advanced Rail Controls Private Limited. The acquisition is valued at Rs. 3.5 Cr. This move increases the company's stake in a rail controls entity, directly impacting its operational scope and overall equity base.

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