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Continental Controls Limited
5 articles
Continental Controls Limited is pursuing a significant technology-driven transformation, underscored by a proposed ₹50 crore rights issue to fund software development and IT infrastructure. The company reported a net loss for fiscal year 2026, a shift from the previous year’s profit, reflecting investments in this strategic pivot toward technology-enabled retail platforms like 'Ready Pharmacy' and 'Ready Shopping'. The board has also appointed two new independent directors to guide this transition, and a rights issue of ₹19.67 crore is slated to open in late October 2026, contingent on regulatory approvals, potentially strengthening the balance sheet and supporting the company’s evolving business model.
Continental Controls ₹19.67 Crore Rights Issue at Par
Continental Controls Limited proposes a rights issue of 1,96,68,019 equity shares at ₹10 each, aggregating ₹19.67 crores, in a 16:5 ratio to eligible shareholders.
Net proceeds of ₹19.47 crores will f
Continental Controls Approves ₹19.67 Crore Rights Issue
Continental Controls Limited's Rights Issue Committee approved a ₹19.67 crore rights issue of equity shares.
The issue offers 16 new shares for every 5 existing shares held at ₹10 per share.
Record da
Continental Controls AGM Notice Corrigendum and Annual Report
Issued corrigendum to 31st AGM notice and annual report correcting resolution types, email ID, and dates.
Reported FY26 net loss of ₹12.70 lakhs versus FY25 profit of ₹6.89 lakhs with total income of
Continental Controls Submits Annual Report Corrigendum
Submitted corrigendum to FY25-26 Annual Report correcting resolution types, email ID, and report dates.
Reported FY26 net loss of ₹12.70 lakhs versus FY25 profit of ₹6.89 lakhs with revenue of ₹23.02
Continental Controls Limited Submits FY26 Annual Report
Submitted Annual Report for FY 2025-26 to BSE, including audited financial statements showing a net loss of ₹12.70 lakh versus profit of ₹6.89 lakh previous year.
Proposed Rights Issue of up to ₹50 cr