Concord Control Systems Limited (CCSL), a leading manufacturer of embedded electronics systems and critical electronic solutions for the railway sector, has announced a crucial board meeting scheduled for September 7, 2025. The primary agenda of this meeting is to deliberate on the potential issuance of bonus securities, a move that could significantly benefit the company's existing shareholders.

Key Points of the Announcement

• Meeting Date: September 7, 2025
• Time: 12:00 P.M.
• Main Agenda: To consider the issuance of bonus securities

Implications for Shareholders

The consideration of bonus securities issuance is a significant development for CCSL's shareholders. Bonus shares, if approved, would be additional shares given to existing shareholders without any cost, based on their current shareholding. This corporate action can potentially:

• Increase the number of shares held by existing shareholders
• Improve the liquidity of the company's stock in the market
• Be seen as a positive signal about the company's financial health and future prospects

Trading Window Closure

In line with regulatory requirements, CCSL has also announced the closure of the trading window for designated persons and their immediate relatives. This precautionary measure is designed to prevent insider trading and ensure fair market practices.

• Trading Window Closure: From September 4, 2025
• Reopening: 48 hours after the conclusion of the board meeting and declaration of the discussed transactions

Recent Technological Achievement

While the upcoming board meeting focuses on financial matters, it's worth noting that CCSL recently achieved a significant technological milestone. On September 4, 2025, the company announced the development of India's first 100% indigenous Zero Emission Propulsion System for diesel locomotive conversion. This breakthrough aligns with India's goals of achieving net-zero emissions and complete railway electrification by 2030.

Conclusion

The upcoming board meeting of Concord Control Systems Limited marks a potentially important juncture for the company and its shareholders. While the primary focus will be on the consideration of bonus securities issuance, this development comes against the backdrop of significant technological advancements by the company in the railway sector. Shareholders and market observers will be keenly watching the outcome of this meeting and its implications for CCSL's future growth and market position.

Investors are advised to keep an eye on official announcements from the company following the board meeting for detailed information on any decisions made regarding the bonus securities issuance.

Concord Control Systems Limited (CCSL), a leading manufacturer of embedded electronics systems and critical electronic solutions for the railway sector, has achieved a significant milestone in India's journey towards sustainable transportation. The company has developed India's first 100% indigenous zero-emission propulsion system designed for diesel locomotive conversion, marking a major technological advancement in the railway industry.

Breakthrough in Sustainable Railway Technology

The newly unveiled propulsion system represents a leap forward in environmentally friendly transportation solutions. Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, this system operates only when required, unlike conventional diesel engines that idle continuously. This innovative approach results in significant fuel savings, higher efficiency, and zero emissions.

Key Features of the Zero-Emission Propulsion System

• Fully Indigenous Design: Apart from a few semiconductor devices, all critical components, including the chopper, Vehicle Control Unit (VCU), driver display, sensors, and controllers, have been designed and manufactured by Concord Control Systems.
• Technological Firsts: The system introduces several pioneering technologies, such as high-voltage battery integration with choppers, CAN-based Vehicle Control Units, and fibre-optic EMI-immune signal transmission.
• Enhanced Performance: Retrofitted on a 700 HP diesel-electric platform, the propulsion system delivers 800A peak current to traction motors.
• Advanced Safety and Efficiency Features: The system incorporates driver-friendly digital displays, CCTV/DVR monitoring, and a Remote Monitoring System (RMS) for predictive maintenance and real-time diagnostics.

Alignment with National Goals

This development aligns perfectly with India's ambition to achieve net-zero emissions and complete railway electrification by 2030. It showcases the country's engineering capabilities and supports the government's vision of self-reliance in critical technologies.

Industry Perspectives

Mr. Sadasivan V., Principal Executive Director at Advanced Rail, commented on the achievement: "This propulsion system is proof that India can lead in next-generation rail technology. With this achievement, we have set a reference point that will guide the industry towards sustainable, cost-efficient, and self-reliant solutions."

Mr. Nitin Jain, Joint Managing Director of Concord Control Systems Limited, added: "This development is a proud moment not only for Concord but for India's innovation ecosystem as a whole. By delivering the country's first 100% indigenous Zero Emission Propulsion System, we are advancing the twin goals of sustainable mobility and self-reliance, while supporting Indian Railways' target of achieving 100% electrification by 2030."

Implications for the Railway Industry

The innovation sets a new benchmark for cost and operational efficiency in the industry. By reducing idle losses, improving efficiency, and enhancing safety, the propulsion system provides a scalable solution for converting existing diesel-powered locomotives into sustainable, zero-emission platforms.

With this landmark achievement, Concord Control Systems has reinforced its position as a pioneer in Indian railway technology, driving the nation closer to its goals of sustainability, self-reliance, and world-class rail infrastructure. As the country moves towards complete railway electrification, innovations like these will play a crucial role in shaping the future of India's transportation sector.