Concord Control Systems allots over 3.7m bonus shares, boosting paid-up capital

Concord Control Systems Limited announced the allotment of 3,795,092 fully paid-up bonus equity shares, each with a face value of INR 10. The allotment, approved by the board of directors on October 17, 2025, follows a special resolution passed on September 30, 2025, and an in-principle approval from BSE Limited dated October 7, 2025. These shares were issued in a ratio of 3 new equity shares for every 5 existing equity shares, to eligible members as of the record date, October 16, 2025.

This issuance will result in a substantial increase in the company's paid-up capital. Prior to the allotment, the paid-up capital stood at INR 6,32,51,530, comprising 6,325,153 equity shares. Following the bonus share distribution, the paid-up capital has risen to INR 10,12,02,450, representing 10,120,245 fully paid-up equity shares. The newly allotted shares will rank pari passu with the existing equity shares.