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Latest news about Concord Control Systems

Concord Control Systems Promoters Reduce Stake by 1.22% in Open Market Sale 1 day ago

Two promoters of Concord Control Systems Limited, Gaurav Lath and Nitin Jain, sold 1,24,000 equity shares in the open market on November 28, 2025. This transaction reduced the promoter group's holding from 66.80% to 65.58%, marking a 1.22 percentage point decrease. The disclosure was made in compliance with SEBI regulations.

Concord Control Systems Approves Rs 50.09 Crore Preferential Share Issue 9 days ago

Concord Control Systems' Subsidiary Secures Rs. 19.17 Crore Railway Order Nov 19, 2025

Concord Control Systems Reports Strong Q3 Results, Achieves Key Milestones Nov 12, 2025

Concord Control Systems Reports 64% Revenue Growth in H1FY26, Secures First Kavach 4.0 Order Nov 06, 2025

More news about Concord Control Systems

05Nov 25

Concord Control Systems Reports Half-Year Results and Key Board Appointments

Concord Control Systems Limited reported financial results for the half-year ended September 30, 2025, with standalone revenue from operations at ₹26.91 crores and consolidated revenue at ₹81.55 crores. The company appointed M/s. Amit Gupta Associates as Secretarial Auditor and Ms. Avisha Sinha as Internal Auditor for FY 2025-26. A new corporate office in Lucknow was also adopted.

31Oct 25

Concord Control Systems Acquires 80% Stake in Fusion Electronics, Entering Flex PCB Manufacturing

Concord Control Systems Limited has acquired an 80% stake in Fusion Electronics Private Limited, India's largest flex printed circuit board manufacturer. This strategic move marks Concord's entry into the high-value electronic manufacturing sector. Fusion Electronics has an installed capacity of 200,000 square meters annually, with a revenue potential of ~₹200 crore at full capacity and an EBITDA margin potential of over 20%. The acquisition aligns with Concord's vision to become a global leader in Electronics Manufacturing Services and to build India's most advanced railway ecosystem. Concord plans to commercialize Fusion's Lucknow facility, double its capacity over the next three years, and expand into Surface Mount Technology, box build, and railway electronics.

29Oct 25

Concord Control Systems Acquires 50% Stake in Fusion Electronics, Expanding into Flex PCB and EMS Sectors

Concord Control Systems Limited has acquired a 50% stake in Fusion Electronics Private Limited, marking its entry into the flexible printed circuit board (PCB) production and high-value electronic manufacturing services (EMS) sector. Fusion Electronics is India's largest flex PCB manufacturing unit with an annual capacity of 200,000 square meters and potential revenue of ₹200 crore+ at full capacity. Concord aims to leverage this acquisition to create a high-value EMS platform serving strategic sectors, with plans to double capacity and integrate into SMT, box build, and railway electronics within three years. The deal is expected to strengthen Concord's position in the railway ecosystem and open new growth avenues in automotive and industrial electronics sectors.

28Oct 25

Concord Control Systems' Associate Secures RDSO Approval for Kavach 4.0, Eyeing ₹1,000 Crore Revenue Potential

Progota India Pvt. Ltd., an associate of Concord Control Systems Limited, has received technical prototype approval from RDSO for Kavach 4.0, an advanced version of Indian Railways' Automatic Train Protection system. This approval allows Progota to execute a trial order from South Central Railway and positions it as a Developmental Vendor for upcoming Kavach 4.0 tenders. The company identifies a revenue potential of ₹1,000 crore and a market value of ₹1,800 crore. Kavach 4.0 aims to prevent train collisions, improve operational reliability, and enhance communication between locomotives and trackside infrastructure.

13Oct 25

Concord Control Systems Boosts Stake in Progota India to 46.5%, Accelerating Kavach 4.0 Rail Safety Technology Deployment

Concord Control Systems Limited has increased its stake in Progota India Private Limited to 46.5%, focusing on accelerating the deployment of Kavach 4.0, an advanced rail safety technology. This strategic move aims to enhance Concord's position in the rail safety sector and contribute to India's railway modernization program. Kavach 4.0 is set to be implemented across 34,000 route kilometers and on 10,000 locomotives over six years. The partnership is expected to tap into a significant market opportunity, with annual Kavach sales projected to reach ₹13–15 billion between FY26-FY28. The collaboration aligns with government initiatives and positions Concord for potential global expansion in railway technology.

15Sept 25

Concord Control Systems Secures First KAVACH 4.0 Order Worth INR 19.45 Crores

Concord Control Systems Limited has received its first order for KAVACH 4.0, an advanced automatic train protection system, through its associate company Progota India Private Limited. The order, valued at ₹19.45 crores, is for the South Central Railway and includes design, development, supply, installation, trial, and commissioning of on-board and trackside KAVACH equipment. Concord's next-generation Kavach system has completed about 70% of the SIL4 certification process, positioning the company as one of the few in India with a fully developed Kavach system ready for supply. This in-house developed system gives Concord a significant first-mover advantage in the railway safety electronics sector.

07Sept 25

Concord Control Systems Proposes 3:5 Bonus Share Issue, Aims to Expand Paid-up Capital

Concord Control Systems Limited's Board has recommended a 3:5 bonus share issue, offering three new equity shares for every five existing shares. This will increase the number of shares from 63,25,153 to 1,01,20,245 and the paid-up capital from Rs. 6,32,51,530 to Rs. 10,12,02,450. The bonus shares, with a face value of Rs. 10 each, will be funded from the company's reserves. The record date for eligibility will be announced later, with shares expected to be credited within two months of the September 7 board meeting.

04Sept 25

Concord Control Systems to Consider Bonus Securities Issuance in Upcoming Board Meeting

Concord Control Systems Limited (CCSL) has scheduled a board meeting for September 7, 2025, to consider the issuance of bonus securities. The meeting will take place at 12:00 P.M. The company has announced a trading window closure for designated persons from September 4, 2025, until 48 hours after the meeting's conclusion. This potential corporate action could benefit existing shareholders by increasing their shareholding and improving stock liquidity.

04Sept 25

Concord Control Systems Unveils India's First Indigenous Zero-Emission Locomotive Propulsion System

Concord Control Systems Limited (CCSL) has developed India's first 100% indigenous zero-emission propulsion system for diesel locomotive conversion. The system uses Lithium Iron Phosphate batteries and a DC chopper-based drive, operating only when needed, resulting in fuel savings and zero emissions. It features fully indigenous design, introduces new technologies like high-voltage battery integration with choppers, and delivers 800A peak current to traction motors. The system aligns with India's goals for net-zero emissions and railway electrification by 2030, showcasing the country's engineering capabilities and supporting self-reliance in critical technologies.

01Sept 25

Concord Control Systems Secures NCLT Approval for Merger with Wholly Owned Subsidiary

Concord Control Systems Limited (CCSL) received NCLT approval for the first motion to merge its wholly owned subsidiary, Advanced Rail Controls Private Limited (ARCPL). The merger, with an appointed date of April 1, 2025, aims to streamline operations, reduce costs, and enhance market positioning. The combined entity is expected to benefit from operational integration, efficient procurement, and expanded market reach. As of March 31, 2025, ARCPL's net worth was ₹1,643.65 lakh, while CCSL's was ₹11,149.46 lakh. The company will proceed with further steps for final NCLT approval, including notifying creditors for objections or comments within 30 days.

13Aug 25

Concord Control Systems Issues Rs 38 Crore Corporate Guarantee for Subsidiary

Concord Control Systems Limited has provided a corporate guarantee of Rs 38.00 crores to Axis Bank Limited for its wholly owned subsidiary, Advanced Rail Controls Private Limited. The guarantee aims to secure working capital and other short-term facilities for the subsidiary. This will be reflected as a contingent liability in Concord Control Systems' financial statements, with no immediate financial impact beyond the disclosure requirement. The company has stated that promoters and group companies have no interest in this transaction beyond their existing shareholding.

15May 25

Concord Control Systems Reports Mixed Q4 Results: Revenue Up, EBITDA Down

Concord Control Systems' Q4 results show a 6.84% year-over-year revenue increase to ₹375.00 crore and an 8.57% net profit growth to ₹76.00 crore. However, EBITDA declined by 23.66% to ₹71.00 crore, with EBITDA margin dropping from 26.50% to 18.93%. The contrasting performance indicates growth challenges alongside operational efficiency concerns.

07May 25

Concord Control Systems to Consider Preferential Share Issuance

Concord Control Systems Ltd. (CCSL) has announced a board meeting on May 14, 2023, to consider issuing shares on a preferential basis. This potential move could lead to capital infusion, changes in ownership structure, and possible strategic partnerships. However, it may also result in dilution of existing shareholdings. The final decision and terms are subject to board approval and regulatory compliance.