Concord Enviro invests Rs 10.54 Cr in Rochem Separation

Concord Enviro Systems has invested Rs 10,53,55,536.40 in its wholly-owned subsidiary, Rochem Separation Systems (India) Private Limited, through a rights issue. The investment involves subscribing to 3,448 equity shares of Rs 100 each at an issue price of Rs 30,555.55 per share, aggregating to Rs 10.54 crore. This move is pursuant to the objects disclosed in the company's prospectus dated December 23, 2024, and aims to finance the capital expenditure requirements for the subsidiary's brownfield expansion project at Vasai.

The transaction, classified as a related party transaction, was conducted at arm's length terms as Rochem Separation Systems forms part of the promoter group companies. The subsidiary is engaged in the business of manufacturing water treatment systems, water pollution control equipment, bio filters, and resource recovery systems using membrane technology, alongside providing operational and maintenance services.

Financials of Rochem Separation Systems

The latest financial information for Rochem Separation Systems (India) Private Limited indicates a turnover of Rs 402.08 crore and a net worth of Rs 152.78 crore. The entity reported a Profit After Tax (PAT) of Rs 2.05 crore for the period.

Metric	Amount (Rs. in Crores)
Turnover	402.08
Networth	152.78
Profit After Tax (PAT)	2.05

Historical Turnover

The turnover of Rochem Separation Systems for the past three financial years shows a fluctuating trend. The figures for the years 2025-26, 2024-25, and 2023-24 are detailed below.

Financial Year	Turnover (Rs. in Crores)
2025-26	402.08
2024-25	406.95
2023-24	347.35

The investment was completed on July 9, 2026, and the information has been submitted to the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Following the subscription, Rochem Separation Systems shall continue to remain a wholly-owned subsidiary of Concord Enviro Systems.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+10.36%	+5.33%	+36.61%	-19.38%	-37.77%	-57.37%

Concord Enviro Systems Limited has accepted the resignation of Anish Goel from the position of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective from the close of business hours on July 31, 2026. The resignation was submitted by Goel to pursue another professional opportunity and was approved by the Board of Directors during its meeting held on July 6, 2026.

The decision impacts the company's compliance structure, as Goel will also cease to be the KMP authorized for determining the materiality of events or information and for making disclosures to stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This authorization will terminate concurrently with his tenure on July 31, 2026.

The Board's acceptance follows the receipt of a formal resignation letter from Goel, who requested relief from his duties effective July 31, 2026. The company has confirmed that the necessary filings and intimations with the Registrar of Companies and the stock exchanges will be processed in accordance with regulatory requirements.

Key Details of Resignation

The following table outlines the specific disclosures regarding the change in the company's financial leadership:

Sr. No.	Particulars	Disclosures
1.	Reason for change	Resignation of Mr. Anish Goel, CFO & KMP of the Company to pursue another professional opportunity.
2	Date of cessation	From close of business hours on July 31, 2026.
3	Brief profile	Not Applicable
4	Disclosure of relationships	Not Applicable

The information regarding the resignation has been made available on the company's official website. The meeting to discuss this matter commenced at 06:08 P.M. and concluded at 06:26 P.M. on July 6, 2026. Prerak Goel, Executive Director, signed the communication to the exchanges on behalf of Concord Enviro Systems Limited.