Continental Controls Ltd Approves Rights Issue, Software Acquisition, and Management Changes

Continental Controls Ltd announced a series of significant board decisions. The company approved a rights issue of equity shares not exceeding ₹50 Crores to eligible shareholders, subject to regulatory approvals. Additionally, the board sanctioned the acquisition of commercial rights for two software applications, "Ready Shopping" and "Ready Pharmacy," from Onelife Capital Advisors Limited (OCAL) for a fixed license fee of ₹53,99,603 and a 0.50% gross revenue royalty. The company also noted the appointment of Mr. Santosh Bhattacharjee and Dr. Ranu Jain as Non-Executive Independent Directors, the resignation of Ms. Jyoti Darade and Ms. Khusbu Agrawal, and the appointment of Ms. Anushree Tekriwal as Company Secretary. The board also approved the standalone unaudited financial results for the quarter ended June 30, 2026.