Concord Enviro invested ₹10.54 crore in its wholly-owned subsidiary Rochem Separation Systems via a rights issue.
The investment funds a brownfield expansion project at Vasai, aligning with the company's disclosed IPO objects.
RSSIPL, a water treatment systems manufacturer, reported a turnover of ₹402.08 crore and PAT of ₹2.05 crore for 2025-26.
The transaction, completed as a related party transaction, was executed at arm's length terms.
Concord Enviro Invests ₹10.54 Cr in Subsidiary RSSIPL
Expansion / Capex
Price while announcement
Current price (CMP)