Disclosures under Reg. 29(2) of SEBI (SAST) Regulations,2011
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On the reaction day the stock moved 3.5 pts more than Nifty Microcap 250 and 3.9 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Promoters Mr. Gaurav Lath and Mr. Nitin Jain sold a combined 1,24,000 equity shares (1.22% of total share capital) of Concord Control Systems Ltd through open market on November 28, 2025. Each promoter sold 62,000 shares (0.61% each). As a result, the combined promoter and persons acting in concert (PAC) holding decreased from 66.80% (67,60,000 shares) to 65.58% (66,36,000 shares). Other promoter group members (Rekha Lath, Govind Prasad Lath, Ashok Jain, Pankhuri Lath, Mahima Jain) did not sell any shares. The total share capital of the company is 10,120,242 equity shares.
This is a minor promoter sell-off of about 1.22% which may create mild short-term selling pressure on the stock. However, promoters still hold a majority stake of 65.58%, well above the 50% threshold, so control of the company is not at risk. Investors should monitor for further disclosures to gauge the trend.