NSEAcquisition9 Jul 2026 · 9 Jul 2026, 04:47 pm
Acquisition
Concord Enviro Systems Limited · CEWATER
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Concord Enviro Systems Limited has made an investment of Rs. 10.53 crores in its wholly-owned subsidiary Rochem Separation Systems (India) Private Limited through a rights issue.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Investment in Rochem Separation Systems (India) Private Limited through Rights Issue.
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CONCORDENVIRO_09072026164656_Intimation_for_Investment_in_RSS.pdf
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Concord Enviro Systems Limited
101, HDIL Towers, Anant Kanekar Marg,
Bandra (E), Mumbai – 400 051, India
T +91 22 6704 9000
F +91 22 6704 9010
E cs@concordenviro.in
W www.concordenviro.in
CIN L45209MH1999PLC120599
July 9, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G Bandra Kurla Phiroze Jeejeebhoy Towers Dalal Street,
Complex Bandra (E), Mumbai – 400 051. Mumbai – 400 001.
Symbol: CEWATER Scrip Code: 544315
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Investment in Rochem Separation Systems (India)
Private Limited through Rights Issue.
Dear Sir/Madam,
In furtherance of the objects of the Initial Public Offer (“IPO”), as disclosed in the Prospectus
of the Company dated December 23, 2024, and pursuant to Regulation 30(6) read with
Schedule III, Part A, Para A (1) of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), as
amended from time to time, we hereby inform that the Company has made further investment
of Rs. 10,53,55,536.40 (Rupees Ten Crores Fifty Three Lakhs Fifty Five Thousand Five
Hundred Thirty Six and Paise Forty only) by subscribing to 3448 Equity Shares of Rs. 100.00
each, on Rights basis, at issue price of Rs. 30,555.55 per share, in Rochem Separation Systems
(India) Private Limited (“RSSIPL”), a wholly-owned subsidiary of the Company.
The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI
Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026,
are enclosed herewith as Annexure A.
The said information shall also be made available on the website of the Company i.e.
www.concordenviro.in/ for information & compliance.
Kindly take the above information on record.
Thanking you,
For Concord Enviro Systems Limited
Prerak Goel
Executive Director
DIN: 00348563
Place: Mumbai
Encl: As above
Annexure ‘A’
Sr. Particulars Disclosures
1. Name of the Target Company, Rochem Separation Systems (India) Private
details in brief such as size, Limited ("RSSIPL") is a Wholly owned
turnover, etc. Subsidiary of the Company. It is engaged in
the business of manufacturing water
treatment systems, water pollution control
equipment, bio filters, resource recovery
systems using membrane technology and
operational and maintenance services.
Further, the latest financial information of
RSSIPL is given below:
(Rs. in Crores)
Turnover 402.08
Networth 152.78
Profit After Tax (PAT) 2.05
2 Whether the acquisition would fall Yes, RSSIPL, being a Wholly owned
within related party transaction(s) subsidiary is a related party of the Company.
and whether the promoter/
promoter group/ group companies RSSIPL form part of promoter group
have any interest in the entity being companies.
acquired?
If yes, nature of interest and details The transaction is at arms’ length terms.
thereof and whether the same is
done at “arm’s length”
3 Industry to which the entity being Water and wastewater treatment
acquired belongs
4 Objects and impact of acquisition The investment is pursuant to the Objects of
(including but not limited to, the Issue as disclosed in the Company’s
disclosure of reasons for acquisition Prospectus dated December 23, 2024 and is
of target entity, if its business is intended to finance the capital expenditure
outside the main line of business of requirements of RSSIPL for its brownfield
the listed entity) expansion project at Vasai (“Vasai Project”).
5 Brief details of any governmental or Not Applicable
regulatory approvals required for
the acquisition
6 Indicative time period for Completed
completion of the acquisition
7 Consideration - whether cash 3448 Equity Shares of Rs. 100.00 each at a
consideration or share swap or any premium of Rs. 30,455.55 per share (Issue
other form and details of the same Price Rs. 30,555.55 per share) acquired in the
ratio of 29:2 through right issue of RSSIPL.
8 Cost of acquisition and/or the price Subscription to 3448 Equity Shares of Rs. 100
at which the shares are acquired each at a premium of Rs. 30,455.55 per share
(Issue Price Rs. 30,555.55 per share),
aggregating to Rs. 10.54 Crores.
9 Percentage of shareholding / No change; RSSIPL shall continue to remain
control acquired and / or number of a wholly owned subsidiary of the Company
shares acquired
10 Brief background about the entity RSSIPL is a wholly owned subsidiary of the
acquired in terms of products/line Company, incorporated under the
of business acquired, date of Companies Act, 1956, and is engaged in
incorporation, history of last 3 years manufacturing water treatment systems,
turnover, country in which the water pollution control equipment, bio
acquired entity has presence and filters, resource recovery systems using
any other significant information membrane technology and operational and
(in brief) maintenance services.
Date of Incorporation: November 19,1991
The turnover of RSSIPL for last 3 years is
given below:
(Rs. in Crores)
2025-26 2024-25 2023-24
402.08 406.95 347.35
Country of presence: India