Concord Control Systems Ltd proposes a preferential allotment of equity shares valued at Rs 500.9 million, aiming to raise capital for growth initiatives. The board will finalize the issue price and terms in line with SEBI regulations, pending shareholder approval at the upcoming meeting.
Concord Control Systems Ltd , a leading manufacturer for Indian Railways, has announced plans for a major fund-raising initiative via the proposed issuance of equity shares on a preferential basis. The total value of the share allotment is set at Rs 500.9 million, reflecting the company’s ambition to support expansion strategies and operational upgrades.
According to recent regulatory filings, the board scheduled its decision-making meeting for November 25, 2025, where it will determine the issue price and allotment ratio in alignment with SEBI guidelines and the Companies Act. Execution of the preferential allotment remains subject to shareholder approval, ensuring transparent corporate governance.
The fresh capital will be utilized to strengthen Concord’s manufacturing footprint, invest in new product development, and reinforce its role as a solutions provider to India’s rail infrastructure. This move follows a series of corporate actions, including bonus share issuances and strategic acquisitions, demonstrating a proactive approach to shareholder value and market positioning.
Key Highlights:
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Proposed preferential share issue valued at Rs 500.9 million
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Board meeting on November 25, 2025, will determine final issue price and terms
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Fundraising aligns with SEBI and Companies Act regulations
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Capital aimed at expansion, new product development, and enhanced capabilities
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Follows recent bonus share issuances and strategic acquisitions
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Final allotment pending shareholder approval at forthcoming meeting
Sources: Business Standard, ScanX Trade, Board filings, Equity Bulls