Concord Enviro Systems Reappoints MD, Independent Directors; Appoints CFO
Concord Enviro Systems Ltd announced key management changes and financial updates following a Board of Directors meeting on August 11, 2026. The company reappointed Mr. Prayas Goel as Managing Director for a three-year term from April 1, 2027, subject to shareholder approval. Mr. Prakash Shah, Ms. Kamal Shanbhag, and Mr. Shiraz Bugwadia were also reappointed as Independent Directors for a second term, pending shareholder consent. Additionally, Mr. Shleshank Laheri has been appointed as the Chief Financial Officer and Key Managerial Personnel. The Board also approved the un-audited standalone and consolidated financial results for the first quarter of FY2026-27 ended June 30, 2026, along with limited review reports. A statement on IPO proceeds utilization for the same quarter confirmed no deviation.
Key Highlights
- Prayas Goel reappointed as MD for 3 years from April 2027.
- Independent Directors Prakash Shah, Kamal Shanbhag, Shiraz Bugwadia reappointed.
- Shleshank Laheri appointed as Chief Financial Officer.
- Unaudited Q1 FY27 financial results approved.
- No deviation reported in IPO proceeds utilization for Q1 FY27.
Price Impact
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