StockWatch
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Waste Management
Board Meeting11 Aug 2026, 09:50 pm

Concord Enviro Systems Board Approves Q1 FY27 Un-audited Results

AI Summary

Concord Enviro Systems Ltd announced that its Board of Directors, in a meeting held on August 11, 2026, approved the un-audited standalone and consolidated financial results for the first quarter of FY2026-27, ending June 30, 2026. The company also reported no deviation in the utilization of IPO proceeds amounting to ₹175.00 Crores raised on December 27, 2024. Key management changes were approved, including the appointment of Mr. Shleshank Laheri as Chief Financial Officer and the re-appointment of Mr. Prayas Goel as Managing Director for a three-year term. Additionally, the re-appointment of three Non-Executive Independent Directors was approved, subject to shareholder consent. The company also authorized specific directors and KMPs to determine the materiality of events for disclosure.

Key Highlights

  • Board approved Q1 FY27 un-audited financial results.
  • No deviation reported in IPO fund utilization of ₹175 Cr.
  • Shleshank Laheri appointed as new CFO.
  • Prayas Goel re-appointed as MD for a 3-year term.
  • Re-appointment of three Independent Directors approved.