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

Rochem Separation Systems (India) Private Limited, a wholly owned subsidiary of Concord Enviro Systems , has secured an order worth INR 16 crores from a major domestic steel manufacturer for the installation of Wastewater Treatment and Zero Liquid Discharge (ZLD) systems. This order, received in the ordinary course of business, is expected to strengthen the company's consolidated order book and contribute positively to its revenue visibility over the execution period. The project reinforces the company's capabilities in delivering advanced water treatment solutions and is anticipated to have a positive impact on its operational performance and growth trajectory on a consolidated basis.

The order entails the design, manufacture, supply, delivery, erection, commissioning, and demonstration of the Wastewater Treatment Plant (WTP) and ZLD systems at the client's Cold Rolling Complex. The execution timeline for the project is set at 12 months. The disclosure regarding this order was made to the exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Order Details

The following table summarises the key parameters of the order secured by Rochem Separation Systems:

The company confirmed that the promoter, promoter group, and group companies do not have any interest in the entity awarding the order. Consequently, the transaction does not fall within the ambit of related party transactions. The receipt of this order underscores the company's focus on sustainability and resource recovery within the industrial wastewater management sector.