Concord Control Systems Ltd

🚆 NCLT Approves Amalgamation of Concord Control Systems Ltd

- NCLT Allahabad Bench approved the amalgamation on April 15, 2026.

- Advanced Rail Controls is a wholly owned subsidiary of Concord Control Systems, both based in Lucknow, Uttar Pradesh.

- Appointed date for the amalgamation is April 1, 2025.

- All assets, liabilities, rights, and employees will transfer without interruption.

- No new shares will be issued as part of the amalgamation due to the subsidiary relationship.