Concord Enviro Systems Limited has announced a strategic investment in NALA Membranes Inc., a US-based membrane technology company, through the acquisition of convertible preference shares. The transaction, disclosed under Regulation 30 of SEBI Listing Regulations, represents the company's continued expansion into advanced filtration technologies.

Investment Details

The acquisition involves a cash consideration of US$ 19.99 lakhs for purchasing Series Seed-1 Preferred Stock in NALA Membranes Inc. The investment parameters are structured as follows:

About NALA Membranes Inc.

NALA Membranes Inc. is a corporation incorporated in North Carolina, USA, on February 8, 2018. The company operates in the advanced membrane and filtration technology space, specializing in the development and manufacture of flat sheet membranes and membrane elements. The company focuses on supplying membrane-based solutions globally, particularly for environmental and water treatment applications.

Financial Performance

NALA Membranes' financial metrics as of March 31, 2025, reflect its early-stage development:

The company's revenue history shows recent commercial activity, with turnover of US$ 2.77 lakhs in FY2024-25, compared to zero revenue in the previous two fiscal years (FY2022-23 and FY2023-24).

Strategic Rationale

The investment aligns with Concord Enviro's strategic objectives in environmental and water treatment technologies. NALA Membranes has developed chlorine-resistant membrane technology expected to transform wastewater recycling and zero liquid discharge (ZLD) processes. The investment will support capital expenditure and commercialization efforts to scale up NALA's business operations.

Transaction Structure

The acquisition is structured as an arm's length transaction with no related party implications. The promoter, promoter group, or group companies of Concord Enviro Systems have no existing interest in NALA Membranes Inc. beyond this proposed investment. The transaction does not require specific governmental or regulatory approvals and has been completed as disclosed.

Concord Enviro Systems Limited has announced the retirement of its Chief Financial Officer, Mr. Sudarshan Kamath, effective from the close of business on January 02, 2026. The company communicated this development to both the National Stock Exchange of India Limited and BSE Limited on December 26, 2025, in compliance with regulatory requirements.

Key Details of the Retirement

The retirement announcement includes several important aspects that will impact the company's leadership structure:

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was signed by Executive Director Prerak Goel (DIN: 00348563) and includes comprehensive details as required by SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Company's Acknowledgment

Concord Enviro Systems Limited has formally recorded its appreciation for Mr. Kamath's valuable contributions during his tenure as Chief Financial Officer. The retirement represents a natural transition in the company's leadership structure, with the effective date marking the end of his role as a Key Managerial Personnel.

Stock Exchange Communication

The company has notified both major stock exchanges where its shares are listed:

The retirement will take effect from the close of business hours on January 02, 2026, with the cessation becoming effective from January 03, 2026. This timeline provides clarity for all stakeholders regarding the transition period and ensures smooth operational continuity.