Concord Enviro Systems Limited — JV/Acquisition, 09-07-2026: Acquisition

Concord Enviro Systems (CEWATER) has invested ₹10.54 Cr into its wholly-owned subsidiary, Rochem Separation Systems (RSSIPL), by subscribing to new shares via a rights issue. This investment aims to fund RSSIPL's brownfield expansion project at Vasai. RSSIPL is a key player in water treatment systems and pollution control, manufacturing bio filters and membrane technology solutions. This strategic move directly supports the subsidiary's capital expenditure needs, enhancing its operational capacity in the water and wastewater treatment sector. The investment keeps RSSIPL a 100% subsidiary, reinforcing CEWATER's capabilities.