Concord Enviro Systems accepts CFO Anish Goel's resignation

1 min read     Updated on 07 Jul 2026, 09:08 AM
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Reviewed by
Riya DScanX News Team
AI Summary

Concord Enviro Systems Limited accepted the resignation of Anish Goel as Chief Financial Officer and Key Managerial Personnel, effective July 31, 2026. The Board approved the resignation during its meeting on July 6, 2026, following Goel's decision to pursue another professional opportunity. Consequently, Goel will cease to be authorized for disclosures under SEBI regulations, and the company will process necessary filings with the Registrar of Companies and stock exchanges.

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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.

Historical Stock Returns for Concord Enviro Systems

1 Day5 Days1 Month6 Months1 Year5 Years
+10.36%+5.33%+36.61%-19.38%-37.77%-57.37%

Who will be appointed as the interim or permanent successor to Anish Goel, and how will this transition impact financial stability?

What specific professional opportunity is Anish Goel pursuing, and does it involve a competitor or a different industry?

How will the company ensure compliance with SEBI regulations during the transition period before a new CFO is appointed?

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Concord Enviro Systems NCLT scheme hearing set for July 23

1 min read     Updated on 24 Jun 2026, 03:37 AM
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Reviewed by
Shriram SScanX News Team
AI Summary

Concord Enviro Systems Limited announced that the NCLT, Mumbai Bench, will hear its scheme of arrangement petition on July 23, 2026. The petition was admitted on June 11, 2026, under Sections 230, 52, and 66 of the Companies Act, 2013.

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Concord Enviro Systems Limited has announced that the National Company Law Tribunal (NCLT), Mumbai Bench, will hear its scheme of arrangement petition on July 23, 2026. The company disclosed that the petition, seeking sanction for the scheme between the company and its shareholders, was admitted by the tribunal on June 11, 2026. This development follows the publication of notices in newspapers to inform stakeholders about the upcoming hearing.

The proceedings fall under Sections 230, 52, and 66 of the Companies Act, 2013. The case is identified as C.P.(CAA)/77(MB)2026 in C.A.(CAA)/260(MB)2025. The scheme aims to facilitate a restructuring arrangement between Concord Enviro Systems Limited and its shareholders.

Any person desirous of supporting or opposing the petition must send a notice of intention to the petitioner company's advocate at least two days before the hearing date. Those opposing the petition are required to furnish the grounds of opposition or a copy of an affidavit along with the notice. A copy of the scheme petition and exhibits is available for inspection upon payment of prescribed fees.

The company had previously published advertisements in Business Standard and Navshakti on June 23, 2026, to comply with regulatory disclosure requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The publication informed stakeholders about the admission of the petition and the scheduled hearing date.

Key Hearing Details

Detail Information
Tribunal National Company Law Tribunal, Mumbai Bench
Case Number C.P.(CAA)/77(MB)2026 in C.A.(CAA)/260(MB)2025
Hearing Date July 23, 2026
Petition Admitted June 11, 2026
Sections 230, 52, and 66 of the Companies Act, 2013

Historical Stock Returns for Concord Enviro Systems

1 Day5 Days1 Month6 Months1 Year5 Years
+10.36%+5.33%+36.61%-19.38%-37.77%-57.37%

What specific restructuring terms are proposed in the scheme of arrangement?

How will the restructuring impact the company's capital structure and shareholding pattern?

What are the anticipated operational or financial benefits for Concord Enviro Systems post-restructuring?

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