Concord Control Systems seeks approval for BSE Main Board migration and NSE listing

1 min read     Updated on 12 Aug 2026, 08:45 PM
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Concord Control Systems Limited is set to migrate from the BSE SME platform to the Main Board and list directly on the NSE. The board meeting on August 17, 2026, will approve these moves and the associated postal ballot process, with Amit Gupta appointed as scrutinizer.

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Concord Control Systems Limited will hold a board meeting on August 17, 2026, to consider significant changes to its listing status. The primary agenda items include migrating the company’s equity shares from the Small and Medium Enterprise (SME) platform of the Bombay Stock Exchange (BSE) to its Main Board, as well as pursuing a direct listing on the National Stock Exchange of India Limited (NSE).

The board is scheduled to convene at the company’s registered office in Lucknow. The move aims to enhance liquidity and broaden the investor base by moving to premier exchanges, subject to meeting eligibility criteria and receiving requisite regulatory approvals.

Key Agenda Items

The board meeting, convened under Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, will address the following specific matters:

  • Migration to BSE Main Board: Approving the shift of listing and trading of equity shares from the BSE SME platform to the BSE Main Board.
  • Shareholder Approval: Approving the notice for a postal ballot to seek member consent for the aforementioned migration.
  • NSE Listing: Considering the direct listing of equity shares on the NSE Main Board.
  • Scrutinizer Appointment: Appointing Mr. Amit Gupta, Managing Partner of Amit Gupta & Associate (Practicing Company Secretaries), as the scrutinizer to ensure the fairness and transparency of the postal ballot process.

The intimation was issued on August 12, 2026, by Puja Gupta, Company Secretary and Compliance Officer. The details have also been uploaded to the company’s website for public record.

Historical Stock Returns for Concord Control Systems

1 Day5 Days1 Month6 Months1 Year5 Years
-2.36%-8.22%-12.57%-9.58%+129.30%+3,212.08%

How might the migration to the BSE Main Board and NSE listing impact Concord Control Systems' stock liquidity and trading volume in the short term?

What specific eligibility criteria must Concord Control Systems meet to secure regulatory approval for the NSE direct listing?

Could the shift from the SME platform to premier exchanges affect the company's cost of capital or attract institutional investors?

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Concord Control Systems wins Excellence in Railway Technology Award

1 min read     Updated on 18 Jun 2026, 04:01 PM
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Concord Control Systems Limited was honoured with the Excellence in Railway Technology Award at the ET Now Business Conclave & Awards 2026. The award recognises the company's work in developing technology-driven solutions for safer and smarter railway operations. Joint Managing Directors Nitin Jain and Gaurav Lath highlighted the company's focus on indigenous innovation and sustainable rail technologies.

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Concord Control Systems Limited was honoured with the Excellence in Railway Technology Award at the ET Now Business Conclave & Awards 2026 in Ahmedabad on June 18, 2026. The award recognises the company's contribution to advancing safer, smarter, and technology-driven railway operations. Shri. Rushikesh Ganeshbhai Patel, Minister of Energy and Petrochemicals, presented the award to Mr. Nitin Jain, Joint Managing Director, on behalf of the company.

The accolade highlights Concord's role in developing solutions that enhance the safety, reliability, and operational efficiency of railway systems. As Indian Railways transforms into a more connected and efficient network, the company has supported this transition through indigenous innovation and advanced engineering. Concord focuses on mission-critical railway solutions designed to meet modern operational demands.

Mr. Nitin Jain, Joint Managing Director, stated that the award reflects the hard work of the team and validates the company's growth direction. He emphasised that the recognition serves as a responsibility to continue innovating and setting higher standards for safety and reliability. The company aims to develop world-class railway technologies domestically, contributing to the future of mobility.

Concord has worked on innovative solutions such as battery and hydrogen-powered locomotives using indigenous technology. The company aims to make railways greener and less dependent on diesel by embedding intelligence and resilience into its products. Gaurav Lath, Joint Managing Director, added that the award strengthens the company's resolve to lead the next era of rail technology.

Concord Control Systems Limited is an RDSO-approved railway technology company engaged in the design, development, and manufacturing of embedded electronic systems. It provides advanced electrical and electronic systems for next-generation railway infrastructure, including control systems, train electronics, safety systems, and signaling-related electronics.

Key Details Information
Event ET Now Business Conclave & Awards 2026
Award Excellence in Railway Technology Award
Location Ahmedabad, Gujarat
Date June 18, 2026
Recipient Mr. Nitin Jain, Joint Managing Director

Historical Stock Returns for Concord Control Systems

1 Day5 Days1 Month6 Months1 Year5 Years
-2.36%-8.22%-12.57%-9.58%+129.30%+3,212.08%

What specific new orders or partnerships does Concord anticipate securing following this industry validation?

How will the company scale production to meet the rising demand for indigenous hydrogen and battery-powered locomotives?

Are there plans to expand these indigenous railway technologies to international markets in the near future?

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1 Year Returns:+129.30%