Description

Concord Control Systems Limited announces bonus issue of 37,95,092 equity shares with record date on October 16, 2025, allotment on October 17, 2025, and trading from October 20, 2025.

Summary

Concord Control Systems Limited (Scrip Code: 543619) has submitted an undertaking to BSE for the bonus issue of 37,95,092 equity shares of Rs. 10/- each in compliance with SEBI circular CIR/CFD/PoD/2024/122 dated September 16, 2024. The company commits to crediting bonus shares in the depository system by October 17, 2025 (T+1) and making them available for trading from October 20, 2025 (T+2).

Key Points

  • Total bonus shares to be issued: 37,95,092 equity shares of Rs. 10/- each
  • ISIN: INE0N0J01014
  • Distinctive Numbers: 63,25,153 to 1,01,20,245
  • Scrip Code: 543619
  • Undertaking submitted in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
  • Reference to company disclosure dated October 08, 2025
  • Company Secretary: Puja Gupta (M. No.: 28664/A28664)

Regulatory Changes

This circular implements SEBI circular No. CIR/CFD/PoD/2024/122 dated September 16, 2024 regarding bonus share credit and trading procedures. The company has provided the required undertaking as per regulatory requirements.

Compliance Requirements

  • Company undertakes to credit bonus shares in depository system latest by 12 P.M. on the next working day of record date (T+1)
  • Company undertakes to make bonus shares available for trading at Beginning of Day (BOD) on T+2 day
  • BSE requested to issue notification accepting the record date and notifying the number of shares considered in the bonus issue

Important Dates

  • Record Date for Bonus Entitlement: Thursday, October 16, 2025 (T) - to determine eligibility of shareholders for bonus equity shares
  • Deemed Date of Allotment: Friday, October 17, 2025 (T+1) - next working date of record date
  • Credit of Bonus Shares Deadline: Friday, October 17, 2025 by 12 P.M. (T+1)
  • Effective Listing Date: Monday, October 20, 2025 (T+2)
  • Trading Commencement Date: Monday, October 20, 2025 (T+2) - beginning of day
  • Circular Submission Date: October 09, 2025

Impact Assessment

Shareholder Impact: Existing shareholders as of the record date (October 16, 2025) will be eligible to receive bonus shares proportionate to their holdings. The bonus issue will increase the total outstanding shares from existing base to include an additional 37,95,092 equity shares.

Trading Impact: Trading in the bonus shares will commence from Monday, October 20, 2025 at the beginning of the day. The stock will reflect the increased share capital post-allotment.

Operational Impact: The company has committed to a tight timeline - crediting shares within T+1 and enabling trading by T+2, demonstrating efficient operational capability in executing corporate actions in compliance with SEBI’s accelerated timeline framework.

Impact Justification

Corporate action affecting existing shareholders through bonus issue of equity shares; impacts trading and settlement timelines for scrip code 543619