Announced Sat, 28 Jun · 12:28 IST

Voting Result

Board & Shareholder Meetings View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Concord Control Systems held its 1st EGM of FY2025-26 on June 27, 2025, lasting just 9 minutes (12:30–12:39 PM). The single special resolution to approve issuance of equity shares on a preferential basis was passed with 100% approval and zero votes against. Of the 63.00 lakh total outstanding shares, 44.46 lakh votes (70.57% turnout) were polled — promoters cast all 42.25 lakh of their shares in favour, and public shareholders polled 2.21 lakh shares (10.65% of their holding), all in favour. Mr. Amit Gupta, Practising Company Secretary, acted as scrutinizer. No promoter group interest was declared in the resolution.

Likely market impact

Shareholders have cleared the way for a preferential share allotment, which will dilute existing holdings once the new shares are issued. The stock may react to follow-up filings disclosing the issue price and allottees, which are not included in this voting result document.