Description
24,681 equity shares of Concord Control Systems Limited issued on preferential basis to non-promoters at Rs. 1418.08 per share listed for trading 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 available for trading from October 16, 2025, and are subject to a lock-in period until April 29, 2026.
Key Points
- 24,681 equity shares of Rs. 10/- face value each issued
- Issue price: Rs. 1418.08 per share (premium of Rs. 1408.08)
- Issued to non-promoters on preferential basis
- Date of allotment: August 11, 2025
- Trading commencement: October 16, 2025
- Distribution numbers: 6300473 to 6325153
- ISIN: INE0N0J01014
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note the listing of new securities
- Lock-in requirements must be observed: all 24,681 shares are locked-in until April 29, 2026
- Shares cannot be transferred or sold until the lock-in period expires
Important Dates
- Allotment Date: August 11, 2025
- Trading Commencement: October 16, 2025
- Lock-in Expiry: April 29, 2026
- Circular Date: October 15, 2025
Impact Assessment
This is a routine preferential allotment listing with minimal market impact. The small number of shares (24,681) represents a relatively minor addition to the company’s equity capital. The lock-in period until April 29, 2026 ensures these shares will not immediately impact liquidity or trading volumes. The high issue price of Rs. 1418.08 suggests positive investor confidence in the company.
Impact Justification
Routine preferential allotment listing with small number of shares (24,681) having minimal market impact. Standard lock-in period applies.