Concord Control Systems Ltd — Important, 31-10-2025: Company Update

Concord Control Systems Limited has acquired additional equity shares of Fusion Electronics Private Limited, making it an 80% owned subsidiary. This strategic move marks Concord's entry into high-value Electronic Manufacturing Services, particularly Flex PCB manufacturing. Fusion, India's largest Flex PCB unit, boasts a 31-year legacy with an installed capacity of 2,00,000 sq. meters annually, holding a revenue potential of over ₹200 Cr at full capacity and 20%+ EBITDA margins. This acquisition strengthens Concord's efforts to build an advanced Railway ecosystem, fostering innovation and self-reliance. The transaction, funded by cash, is expected to finalize within six months.