ALPHA TRIBE

Concord Control Systems LtdImportant, 17-10-2025: Company Update

17-10-2025 | 01:25 pm

Concord Control Systems' Board has approved the allotment of 37.95 lakh fully paid-up bonus equity shares, each with a face value of Rs. 10. These shares were allotted in a 3:5 ratio, meaning three new shares for every five existing shares. This action follows a special resolution from members and an in-principle approval. Post-allotment, the company's paid-up capital has increased from Rs. 6.33 Cr (63.25 lakh shares) to Rs. 10.12 Cr (1.01 Cr shares), significantly expanding its equity base.

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