Description
24,681 equity shares of Concord Control Systems Limited issued on preferential basis to non-promoters listed and permitted to trade on BSE from October 16, 2025.
Summary
BSE has listed 24,681 new equity shares of Concord Control Systems Limited (Scrip Code: 543619) issued on a preferential basis to non-promoters. The shares are permitted to trade on the Exchange with effect from Thursday, October 16, 2025. The shares rank pari-passu with existing equity shares and are subject to lock-in restrictions.
Key Points
- 24,681 equity shares of Rs. 10/- each issued at a premium of Rs. 1,408.08/-
- Issue price: Rs. 1,418.08 per share
- Allotted to non-promoters on preferential basis
- Distinctive Numbers: 6300473 to 6325153
- ISIN: INE0N0J01014
- Shares rank pari-passu with old equity shares
- All shares subject to lock-in until April 29, 2026
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members are informed of the new securities available for trading
- Lock-in restrictions must be observed until April 29, 2026 for all 24,681 shares
Important Dates
- Date of Allotment: August 11, 2025
- Trading Commencement: October 16, 2025
- Lock-in Expiry: April 29, 2026
Impact Assessment
Minimal market impact expected. This is a small preferential allotment representing a limited number of shares. The lock-in period until April 29, 2026 ensures these shares will not be immediately available for sale in the open market, preventing any immediate dilution impact on existing shareholders.
Impact Justification
Routine preferential allotment listing of limited shares (24,681) with minimal market impact for a single company.