Introduction
Leading railway control and safety systems manufacturer increased its stake in Progota India Pvt. Ltd. to 46.5%, aiming to strengthen collaboration on the Kavach 4.0 project and advance India’s railway automation technology.
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Share price movement of Concord Control Systems
On October 13, 2025, Concord Control Systems Limited opened at ₹2,700.00, up from its previous close of ₹2,692.50. The stock reached a high of ₹2,975.00 and a low of ₹2,700.00. By 3:01 PM, it traded at ₹2,835.00, a 5.29% increase, with a market capitalization of ₹1,786.18 crore.
Concord Control Systems Increases Stake in Progota
Concord Control Systems Limited announced further investment in Progota India Private Limited to increase its stake from 26% to 46.5%. The acquisition was approved at the board meeting held on October 11, 2025.
Progota India Private Limited is engaged in developing Kavach 4.0, India’s next-generation Automatic Train Protection system for railway safety. The company focuses on research, design, and development of signalling and control technologies.
The transaction, under a Share Purchase Agreement, will be completed within six months. No regulatory approvals are required. The cost of acquisition remains confidential as per agreement terms.
Ace investor holding in Concord Control Systems
Mukul Mahavir Agrawal holds a 3.98% stake in Concord Control Systems Ltd, owning 2,50,625 shares valued at ₹70.3 crore.
Ashish Kacholia holds a 1.21% stake in Concord Control Systems Ltd, owning 76,433 shares valued at ₹21.4 crore.
Stock performance of Concord Control Systems for Period of 1 week, 6 months, and 1 year
Concord Control Systems Ltd delivered a -3.94% return over the past week. It gained 138% in the past six months and rose 55.4% over the past year.
Shareholding pattern of Concord Control Systems
| Particulars | Sep 2025 | Mar 2025 | Sep 2024 |
| Promoter | 67.10% | 67.10% | 70.60% |
| FII | 0.00% | 0.00% | 0.00% |
| DII | 0.20% | 0.40% | 0.40% |
| Public | 33% | 32.50% | 28.90% |
About Concord Control Systems
Concord Control Systems Ltd (BSE: 543619) is an ISO 9001:2015 certified OEM for Indian Railways, manufacturing electronics, electricals, and electromechanical products, while transitioning into a solution provider with advanced control and relay panel prototypes.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Concord Control Systems Ltd share price going up today?
A: Concord Control Systems Ltd announced further investment in Progota India Pvt. Ltd., increasing its stake from 26% to 46.5%.
Q: How much stake does Mukul Mahavir Agrawal hold in Concord Control Systems Ltd stock?
A: Mukul Mahavir Agrawal holds a 3.98% stake in Concord Control Systems Ltd, owning 2,50,625 shares valued at ₹70.3 crore.
Q: How much stake does Ashish Kacholia hold in Concord Control Systems Ltd stock?
A: Ashish Kacholia holds a 1.21% stake in Concord Control Systems Ltd, owning 76,433 shares valued at ₹21.4 crore.
