Concord Control Systems Share Price

Concord Control Systems Limited was originally incorporated as a Private Limited Company under the name 'Concord Control Systems Private Limited' on January 19, 2011. Subsequently, Company converted into Public Limited Company and consequently, name of the Company was changed to 'Concord Control Systems Limited' dated August 26, 2022, issued by Registrar of Companies. Presently, the Company is engaged in manufacturing and supply of coach related and electrification products for Indian Railways and other Railway Contractors. It manufacture products required in railway coaches like Inter-Vehicular Coupler, Emergency Lighting System, Brushless DC carriage fan, Exhaust fans, Cable Jackets, Bellows etc. and products required in electrification of coaches and Broad Gauge network of Indian Railways like: Battery Charger 200 AH, Battery Charger 40 AH, Tensile Testing Machine. The Company started its operations in the year 2011 when it got approval to manufacture and supply battery charger in traction system of railway electrification. It further expanded business in manufacturing products fitted in coaches of Indian Railways in the year 2013 and got approved for Emergency Light Unit in coaches for passenger safety. Thereafter, in the year 2014, it received RDSO approval for manufacturing and supply of Tensile Load Testing Machine for Porcelain & Composite Insulators before installation electrical lines. Eventually, Company got approval to Supply Brushless Dc Carriage Fans when it changed technology of fans from normal DC to Brushless DC. In 2019-20, the Company acquired 67% stake in Drivetrain Solutions Private Limited and became its Subsidiary Company. It acquired 50% stake in Rangetech Systems India Private Limited and became its Associate Company. Further, during the year it acquired 25% stake in Rangetech Systems India Private Limited and became its Subsidiary Company. In 2022, the Company acquired 24.98% stake in Rangetech Systems India Private Limited by purchasing equity shares from existing shareholder. It started their operations of Factory Unit II at Chinhat Industrial Area, in Lucknow, U.P. The Company made a public issue by issuing 15,12,000 Equity Shares of face value of Rs 10/- each and by raising capital of Rs 8.31 Crore through Fresh Issue in September, 2022. The Company acquired 26% stake in Progata India Pvt. Ltd. on May 23, 2023 and 50% stake in Concord Lab to Market Innovations Pvt. Ltd,. making them the Associates of the Company in 2024. In FY25, the Company launched the metro rail business. It acquired 80% stake in Fusion Electronics. Advanced Rail Controls Limited has merged with the Company dated 15 April 2025. The Company has transitioned from fleet monitoring and diagnostic tools to Advanced Remote Monitoring Systems (ARMS) in FY 2026.