Continental Controls Ltd — Important, 16-07-2026: Company Update

Continental Controls Limited held a board meeting where it approved raising up to 50 Cr through a rights issue of equity shares to existing shareholders. The board also approved the financial results for the quarter and decided to acquire commercial rights for "Ready Shopping" and "Ready Pharmacy" software from Onelife Capital Advisors for 0.54 Cr, along with a 0.50% ongoing royalty. Key appointments for the rights issue, internal auditor, and a new Company Secretary were made. Additionally, the company is leasing office space for a 1.50 Cr deposit and 5,000 monthly rent. Two new independent directors were also appointed, replacing a resigning director.