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

The Board approved raising funds up to 50 Cr through a rights issue of equity shares and formed a Rights Issue Committee. The financial results for the quarter were also approved. The company will acquire commercial rights to "Ready Shopping" and "Ready Pharmacy" software from OCAL for 0.54 Cr, plus a 0.50% gross revenue royalty for ongoing support. Key appointments were made for Registrar, Banker, Monitoring Agency, and Internal Auditor. The company will lease office space for a 1.50 Cr deposit and Rs 5000 monthly rent. There were also changes in the Company Secretary and Independent Directors.