Concord control systems announces 3:5 bonus share issuance

Concord Control Systems Limited has announced a bonus equity share issuance at a ratio of 3:5, meaning three new fully paid-up equity shares of Rs 10/- each will be issued for every five existing fully paid-up equity shares of Rs 10/-. This will result in the allotment of 37,95,092 bonus equity shares. The record date for determining eligible shareholders for this bonus issue is Thursday, October 16, 2025.

The deemed date of allotment for these shares is set for Friday, October 17, 2025, one working day after the record date. The bonus equity shares are expected to be available for trading on Monday, October 20, 2025. This issuance was approved by the company's members at their annual general meeting held on September 30, 2025.

The new bonus shares will rank pari passu with existing equity shares and will be issued in dematerialized form. Shareholders holding physical shares who have not provided demat account details will have their bonus shares credited to a demat suspense account.