Concord Control Systems: Grant Of Further Loan/Inter-Company Deposit (ICD) To Advanced Rail Controls Private Limited Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.

This is to inform you that in terms of the powers delegated to Mr. Gaurav Lath and Mr. Nitin Jain by the Board of Directors at its meeting held on September 02 2024 the Company has considered and approved today on September 12 2024 the further grant of loan/ Inter Company Deposit of upto Rs. 15 00 00 000/- (Rupees Fifteen Crores only) to its Subsidiary Company - Advanced Rail Controls Private Limited.