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Concord Control Systems Ltd is in the business of Electrical Machinery for Indian Railways and allied productsBusiness Overview: CCSL, an ISO 9001:2015 certified organization by TUV-SUD South Asia Pvt. Ltd., is an OEM for Indian Railways and an RDSO-approved manufacturer of electronics, electricals, mechanical, and electromechanical products. The company is...
Concord Control Systems has provided a Corporate Guarantee of Rs. 38 Crores to Axis Bank Limited on behalf of its wholly-owned subsidiary, Advanced Rail Controls Private Limited. This guarantee is to help the subsidiary secure essential working capital and other short-term facilities. The company confirms that the transaction involves no...
Concord Control Systems' Board has approved the allotment of 24,681 equity shares on a preferential basis. These shares, issued at Rs. 1,418.08 each, are part of a non-cash transaction to acquire a 10% equity stake in Advanced Rail Controls Private Limited. The acquisition is valued at Rs. 3.5 Cr. This...
Concord Control Systems' management is scheduled to hold a virtual one-on-one interaction with Fair Value Capital, an analyst/investor. This meeting, facilitated by the company's investor relations firm, is part of ongoing engagement with the investment community. Importantly, the company assures that no unpublished price sensitive information will be shared. This...
Concord Control Systems has announced a certificate from its Registrar & Share Transfer Agent confirming that all its shares are held in demat form, with no requests for rematerialisation or dematerialisation during the quarter. This indicates streamlined shareholding and reduces administrative complexities, benefiting shareholders by ensuring smooth trading and record-keeping.
Concord Control Systems Limited has announced a board meeting to discuss upcoming matters. The management will also engage with analysts and institutional investors in group and one-on-one meetings organized by their Investor Relations firm, Kaptify, in Mumbai. These interactions are focused on providing clarity about the company’s operations without sharing...