Concord Control Systems Ltd — Important, 28-11-2025: Company Update
28-11-2025 | 01:02 pm
28-11-2025 | 01:02 pm
Concord Control Systems Limited has announced approval for a preferential issue of up to 238,500 fully paid-up equity shares at Rs. 2,100 per share. This issue aims to raise approximately Rs. 50.09 Cr, subject to shareholder and regulatory approvals. Existing investors, including Ashish Rameshchandra Kacholia and Sanshi Fund, along with new entrant Sage One, are participating. This strategic capital infusion will strengthen the company's financial position, expand operational capacity, and accelerate expansion plans into new technologies and production capabilities, supporting future growth in the automation sector.
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