Concord Control Systems Limited approved a preferential allotment of 24,681 equity shares at ₹1,418.08 each to a non-promoter, acquiring a 10% stake in Advanced Rail Controls Private Limited for ₹3.5 crore. This boosts Concord's paid-up capital. Ace investors Mukul Mahavir Agrawal and Ashish Kacholia hold 3.81% and 1.21% stakes, respectively. Asha Mukul Agrawal also bought a 1.52% stake.