Acquisitions7 Aug 2025, 05:52 pm
Concord Enviro Systems Ltd Acquires Pathak Utility Private Limited for INR 1,01,00,000
AI Summary
The Board of Directors of Rochem Separation Systems (India) Private Limited, a wholly owned subsidiary of Concord Enviro Systems Limited, has agreed to acquire 100% of the equity share capital of Pathak Utility Private Limited for an aggregate consideration of INR 1,01,00,000. Post acquisition, Pathak Utility Private Limited will become a step-down subsidiary of the Company. The acquisition is strategically aimed at strengthening and expanding the presence of RSSPL in the water treatment sector, especially the third-party O&M business of the group.
Key Highlights
- Concord Enviro Systems Ltd acquires Pathak Utility Private Limited
- Aggregate consideration of INR 1,01,00,000
- Pathak Utility Private Limited becomes a step-down subsidiary of the Company
- Acquisition strategically aimed at expanding presence in the water treatment sector
- Pathak Utility Private Limited engaged in operation, maintenance, and rehabilitation of water treatment plants