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Awaiting price reaction for this filing.
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.
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.