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Concord Enviro Systems Limited — M&A Activity 2025
Sep 29, 2025
59186_rns_2025-09-29_39c47591-41ab-45f2-a148-b08085b08020.pdf
M&A Activity
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Concord Enviro Systems Limited
Date: 29[th] September 2025
101, HDIL Towers, Anant Kanekar Marg, Bandra (E), Mumbai – 400 051, India T +91 22 6704 9000 F +91 22 6704 9010 E [email protected] W www.concordenviro.in CIN L45209MH1999PLC120599
To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Phiroze Jeejeebhoy Tower, Complex, Bandra (E), Mumbai – Dalal Street, Mumbai – 400 001, 400 051, Maharashtra, India Maharashtra, India Scrip Symbol: CEWATER Scrip Code: 544315
Sub. : Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Completion of Event.
Dear Sir/Ma’am,
In continuation of our earlier intimation dated 7[th] August, 2025 and pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations, 2015”), We hereby inform you that Rochem Separation Systems (India) Private Limited (‘ RSSPL ’), a wholly owned subsidiary of Concord Enviro Systems Limited (‘ Company ’) has acquired 100% of the equity share capital of Pathak Utility Private Limited (‘ PUPL ’). Consequently, PUPL has become step-down subsidiary of the Company.
The disclosures pursuant to Regulation 30 and Part A of Schedule III of the SEBI Listing Regulations, 2015 read with SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is attached as per ‘ Annexure A’ .
Kindly take the above information in your records.
Thanking You
For Concord Enviro Systems Limited
SUDARSHAN Digitally signed by SUDARSHAN GOPINATH GOPINATH KAMATH Date: 2025.09.29 KAMATH 20:55:28 +05'30'
Sudarshan Kamath Chief Financial Officer
Place: Mumbai
Encl: As above
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Annexure - A
Disclosure under Regulation 30 of the SEBI Listing Regulations, 2015 read with SEBI Master circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
| Sl. No. |
Particulars | Details | ||
|---|---|---|---|---|
| 1 | Name of the target entity, details in brief such as size, turnover, etc; |
i) Name of the Target Entity: “Pathak Utility Private Limited” (Target Entity) ii) Details of the Target Entity: Pathak Utility Private Limited is engaged in the business of operation and maintenance and rehabilitation of water treatment plants. Details as on 31st March 2025 Turnover: Rs. 12,30,56,023 Net Profit: Rs. 2,04,024 |
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| 2 | Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arms-length”; |
This transaction does not constitute a related party transaction. |
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| 3 | Industry to which the entity being acquired belongs; |
Water & Wastewater Management Industry. |
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| 4 | Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity); |
This acquisition has strategically aimed at strengthening and expanding the presence of Rochem Separation Systems (India) Private Limited in the water treatment sector, especially the third party O&M business of the group. Now Pathak Utility Private Limited became the wholly owned subsidiary of Rochem Separation Systems (India) Private Limited and the step-down subsidiary of the Company. |
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| 5 | Brief details of any governmental or regulatory approvals required for the acquisition; |
Not Applicable - No governmental or regulatory |
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| approval required for the said acquisition. |
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|---|---|---|
| 6 | Indicative time period for completion of the acquisition; |
Acquisition completed. |
| 7 | Nature of consideration - whether cash consideration or share swap and details of the same; |
Cash transaction |
| 8 | Cost of acquisition or the price at which the shares are acquired; |
Cost of acquisition was INR 1,01,00,000/- (10,10,000 equity shares of INR 10/-each) |
| 9 | Percentage of shareholding / control acquired and / or number of shares acquired; |
RSSPL, a wholly owned subsidiary of the Company, has acquired 10,10,000 equity shares, representing 100% of the equity share capital of the Target Entity. |
| 10 | Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief); |
Brief background: Pathak Utility Private Limited is engaged in the business of operation and maintenance and rehabilitation of water treatment plants. Line of business: Water & Wastewater Management Industry Date of incorporation: 27thFebruary 2024 Turnover of last 3 years: FY 24-25: Rs 12,30,56,023/- FY 23-24: Not Applicable FY 22-23: Not Applicable Country in which the acquired entity has presence: India. |