The company was originally incorporated as a Private Limited Company under the name “Concord Control Systems Private Limited” on January 19, 2011 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Kanpur, Uttar Pradesh. Subsequently, pursuant to Special Resolution passed by the Shareholders at the Extraordinary General Meeting, held on August 18, 2022, the company was converted into a Public Limited Company and consequently the name of the Company was changed from “Concord Control Systems Private Limited” to “Concord Control Systems Limited” vide a fresh certificate of incorporation dated August 26, 2022, issued by the Registrar of Companies, Kanpur, Uttar Pradesh.

The company is engaged in the business of manufacturing and supply of coach related and electrification products for Indian Railways and other Railway Contractors. The company started its operations in the year 2011 when it got approval to manufacture and supply battery charger in traction system of railway electrification. The company further expanded its business in manufacturing products fitted in coaches of Indian Railways in the year 2013 and got approved for Emergency Light Unit which is one of the most critical items of rolling stock application in coaches of Indian Railways for passenger safety. Emergency Light Unit switches on automatically in case of power failure or in case of accidents. Thereafter in the year 2014 it successfully received RDSO approval for manufacturing and supply of Tensile Load Testing Machine for Porcelain & Composite Insulators before installation electrical lines. Eventually the company got approval to Supply Brushless Dc Carriage Fans to Indian railways when it changed its technology of fans from normal DC to Brushless DC. Over the years the company has successfully developed and is supplying a wide range of products.

Currently the company has two manufacturing units situated at Lucknow, Uttar Pradesh with total size admeasuring to over 1880 sq. mtrs. The company’s unit has a well-equipped laboratory, modern technology and testing equipments to ensure that the products confirm with the predetermined standards. The company has a research and development team dedicated towards developing new products or improving existing products. Its R&D capabilities include product engineering, product simulation, prototyping and testing which are mainly undertaken at its manufacturing facilities. With its R&D capabilities, it is currently developing several new products like the company is in the process of developing product prototype of Control and Relay Panels and has received Capacity cum Capability Assessment certificate for the same from RDSO.

Business area of the company

The company manufactures products required in railway coaches like: Inter-Vehicular Coupler, Emergency Lighting System, Brushless DC carriage fan, Exhaust fans, Cable Jackets, Bellows etc. and products required in electrification of coaches and broad gauge network of Indian Railways like: Battery Charger 200 AH, Battery Charger 40 AH, Tensile Testing Machine. It is approved vendor by Research Design and Standards Organisation (“RDSO”) to manufacture and supply these products for the Indian Railways.

Major events and milestones

• 2011: Incorporation of the company as “Concord Control Systems Private Limited” under the Companies Act, 1956.
  
• 2013: Commencement of Factory Unit I at UPSIDC Industrial Area, Lucknow, UP
  
• 2017-2018: Crossed Revenue of Rs 1,000 lakh.
  
• 2019-2020: Acquired 66.67% stake in Drivetrain Solutions Private Limited through subscribing the equity shares pursuant to which it became its Subsidiary Company.
  
• 2019-2020: Acquired 50.00% stake in Rangetech Systems India Private Limited through subscribing the equity shares pursuant to which it became our Associate Company.
  
• 2019-2020: The company further acquired the 25% stake in Rangetech Systems India Private Limited by purchasing the equity shares from existing shareholder, pursuant to which it became our Subsidiary Company.
  
• 2022: The company has acquired the 24.98% stake in Rangetech Systems India Private Limited by purchasing the equity shares from existing shareholder.
  
• 2022: Commencement of Factory Unit II at Chinhat Industrial Area, Lucknow, UP.
  
• 2022: Conversion of the Company from Private Limited to Public Limited.