Concord Control Systems Clears Rs 0.5 Bn Preferential Share Issue

01 Dec 2025 CW Team

Concord Control Systems Limited, a leading manufacturer of embedded electronic systems, has announced that its Board has approved a preferential issue of up to 2,38,500 fully paid-up equity shares. Priced at Rs 2,100 per share, the issue is expected to raise around Rs 0.5 billion, subject to shareholder and regulatory approvals. The preferential issue has drawn strong interest from existing investors, including Ashish Rameshchandra Kacholia and the Sanshi Fund group, along with new participation from the Sage One Flagship Growth Open-Ended Fund. The response reflects investor confidence in the company’s expansion plans and long-term strategy. Nitin Jain, Joint Managing Director, said the capital raise marks an important milestone for the company, enabling it to strengthen its financial position, expand operational capacity and capture new opportunities in the automation and electronic solutions space. He noted that the combined support of existing and new investors reinforces trust in the company’s vision for growth. The funds will be used to accelerate Concord’s expansion initiatives, invest in advanced technologies and enhance production capabilities to meet rising demand. The preferential allotment will be made to select investors, positioning the company for sustained growth and continued innovation.

Products

04 Dec 2025

Kuche7 Launches Ruby Vanity for Sculpted, High-Performance Bathrooms

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