Description
Listing and trading permission for 24,681 equity shares of Concord Control Systems Limited issued on preferential basis to non-promoters, effective October 16, 2025.
Summary
BSE has approved the listing and trading of 24,681 new equity shares of Concord Control Systems Limited (Scrip Code: 543619) issued on a preferential basis to non-promoters. The shares will commence trading from Thursday, October 16, 2025, and are subject to a lock-in period until April 29, 2026.
Key Points
- 24,681 equity shares of Rs. 10/- each issued at premium of Rs. 1,408.08/-
- Issue price: Rs. 1,418.08 per share
- Allotted to non-promoters on preferential basis
- Shares rank pari-passu with existing equity shares
- ISIN: INE0N0J01014
- Distinctive Numbers: 6300473 to 6325153
- Date of Allotment: August 11, 2025
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members are informed about the new securities listing
- All 24,681 shares are subject to mandatory lock-in requirements
- Shares cannot be transferred until the lock-in period expires
Important Dates
- Allotment Date: August 11, 2025
- Trading Commencement: October 16, 2025 (Thursday)
- Lock-in Expiry: April 29, 2026
Impact Assessment
This is a routine preferential allotment with minimal market impact. The relatively small number of shares (24,681) issued to non-promoters at a significant premium (Rs. 1,408.08) indicates confidence in the company’s valuation. The lock-in period of approximately 6.5 months ensures price stability. No immediate trading impact expected as shares are locked-in until April 2026.
Impact Justification
Routine preferential allotment of limited shares (24,681) with standard lock-in period; minimal market impact for single company listing.