Concord Control Systems Limited has submitted the results of a postal ballot conducted through e-voting to BSE Limited. The ballot sought shareholder approval for two special resolutions.

Resolutions and Voting Results

The postal ballot notice dated August 17, 2026, contained two special resolutions:

1. Approval for Migration from BSE SME to BSE Main Board: This special resolution was passed with 1,076,191 votes in favor (100% of valid votes), zero votes against, and zero invalid votes.

2. Application for Direct Listing on NSE Main Board: This special resolution was passed with 1,076,191 votes in favor (100% of valid votes), zero votes against, and zero invalid votes.

Both resolutions received unanimous approval from the 24 members who participated in the e-voting process.

Regulatory References and Process Details

The process was governed by:

  • Sections 108 and 110 of the Companies Act, 2013
  • Rule 22 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • The Secretarial Standard on General Meetings (SS-2)
  • MCA General Circular No. 14/2020 and MCA General Circular No. 03/2025 (regarding dispatch of notices)
  • Regulation 277 of the ICDR Regulations (for the specific note on promoter/non-promoter voting)

Key Dates and Appointments

  • Cut-off Date for Voting Rights: Friday, August 14, 2026
  • E-voting Period: Commenced on Friday, August 21, 2026, at 09:00 AM IST and concluded on Saturday, September 19, 2026, at 05:00 PM IST.
  • Scrutinizer: Mr. Amit Gupta, Managing Partner of M/s. Amit Gupta & Associates, Practising Company Secretaries, was appointed to oversee the e-voting process.
  • E-voting Agency: Bigshare Services Private Limited provided the e-voting platform.

Dispatch of Notice

The postal ballot notice was dispatched to members based on the register of members and beneficiary owners list provided by NSDL and CDSL. Notices were sent by email to 2,498 members on August 18, 2026. Physical dispatch was not undertaken as per applicable MCA circulars.

Outcome and Next Steps

Both special resolutions were passed with the requisite majority. The scrutinizer's report and detailed voting results have been submitted to the exchange and are also being uploaded on the company's website at www.concordgroup.in.