Concord Control Systems Bonus Record Date on Oct 16: Declared 3:5 Bonus Issue

Concord Control Systems Ltd has set Oct 16, 2025, as the record date for its 3:5 bonus. This means that every eligible shareholder will be receiving 3 free shares for every 5 shares held. 

Concord Control Systems Ltd said in an exchange filing, “Considered and recommended for issue of bonus shares in the ratio of 3:5 i.e. 3 (Three) new fully paid-up Equity Shares of Rs. 10/- (Rupees Ten Only) each for every 5 (five) existing fully paid-up Equity Share of Rs. 10/- (Rupees Ten Only) to the eligible Equity Shareholders of the Company as on record date, subject to approval of the Shareholders of the Company, by capitalization of capital redemption reserve and / or securities premium and / or general reserve.”

The company will allot free shares on October 17, 2025, and these shares will be available for trading on October 20, 2025.

What Does Concord Control Systems Bonus Record Date Mean for Shareholders?

As Concord Control Systems has set Oct 16 as the record date for the bonus issue, meaning that Oct 15 marked the last day to buy Concord Control Systems shares to become eligible for the bonus issue. Further, any shares bought on or after Oct 16 (record date), won't be eligible for the bonus shares due to the T+1 settlement rule.

Also Read: Tech Mahindra Declares ₹15 Dividend; Record Date Fixed for 21 Oct 2025, Payment Date Announced

Concord Control Systems to Acquire Stake in Progota

Concord Control Systems Limited, a leading Indian manufacturer of embedded electronic systems and critical electronic solutions, today announced that its Board of Directors has approved an additional strategic investment to acquire up to 46.5% equity stake in Progota India Private Limited. This investment is aimed at accelerating the commercialisation and nationwide rollout of Kavach 4.0, India’s next-generation Automatic Train Protection (ATP) system.

The move underscores Concord's commitment to enhancing rail safety infrastructure across the country. Kavach 4.0 is a cutting-edge safety solution designed to prevent train collisions through automatic speed regulation and strict enforcement of signal adherence.

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