Scheme of Arrangement

Concord Enviro Systems Limited announced that the National Company Law Tribunal (NCLT) issued an order on June 11, 2026, providing "further directions." This order relates to the company's petition for approval of a Scheme of Arrangement between the company and its shareholders, filed under the Companies Act, 2013. The announcement signifies a procedural advancement in the regulatory approval process for a potential corporate restructuring. Investors should monitor future disclosures for details of the scheme, as its nature and eventual approval could significantly impact the company's structure and shareholder interests.