Concord Control Systems Limited has announced a bonus share issue in the ratio of 3:5, marking a significant reward initiative for its shareholders. The proposal was approved during the company’s Board meeting held on September 7, 2025, and is now subject to shareholder approval.
The Board of Directors approved the issuance of 3 fully paid-up equity shares of ₹10 each for every 5 existing fully paid-up equity shares. A total of 37,95,092 new shares are proposed to be issued by capitalising from the capital redemption reserve, securities premium, and general reserve. The actual number of bonus shares to be issued will be determined based on the number of fully paid-up equity shares on the record date, which will be announced later.
Pre-bonus, the company’s paid-up share capital stood at ₹6,32,51,530, comprising 63,25,153 equity shares. Post-issue, this is expected to increase to ₹10,12,02,450 with 1,01,20,245 equity shares. The estimated cost of implementing this bonus issue is ₹3,79,50,920, based on the proposed allotment.
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As of March 31, 2025, the company had substantial reserves available to support this issue, including ₹68,36,56,320 in securities premium and ₹36,82,85,270.08 in retained earnings. These figures are based on the company’s audited financial statements. The bonus shares are expected to be credited or dispatched within 2 months from the date of the Board meeting, i.e., by or before November 6, 2025.
On September 8, 2025, Concord Control Systems share price opened at ₹2,501.00 on BSE, above the previous close of ₹2,438.25. During the day, it surged to ₹2,525.00 and dipped to ₹2,487.00. The stock is trading at ₹2,487.00 as of 9:38 AM. The stock registered a moderate gain of 2.00%.
Over the past week, it has moved up by 23.79%, over the past month, it has moved up by 48.48%, and over the past 3 months, it has moved up by 46.35%.
Concord Control Systems’ decision to issue bonus shares in a 3:5 ratio reflects strong financial health and a commitment to shareholder value. With robust reserves and audited financials backing the move, the bonus issue positions the company for broader investor participation and increased market visibility.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities are subject to market risks. Read all related documents carefully before investing.
Published on: Sep 8, 2025, 1:01 PM IST
Team Angel One
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