Disclosure as per Regulation 30 of the SEBI(LODR) Regulation,2015
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Concord Control Systems has informed the BSE that a transaction involving the right issue of Progota India Private Limited (a Delhi-based private company) has been successfully completed before March 31, 2025. This is a follow-up to an earlier disclosure dated October 25, 2024. The company has filed this update under Regulation 30 of SEBI LODR, in line with standard compliance requirements. No financial details of the transaction have been disclosed in this filing.
Since specifics of the right issue (size, pricing, Concord's stake) are not shared, the immediate impact on shareholders or stock price is unclear. Investors should monitor further disclosures to understand any potential change in Concord's exposure to Progota India Private Limited.