Exicom Tele-Systems Limited — Important, 17-01-2025: Product launch

Exicom has announced a board meeting to launch its new product, the Harmony Boost - Battery Energy Storage Charger, aimed at the domestic market. This innovative charger integrates solar power, grid input, and an intelligent Battery Energy Storage System (BESS) to deliver fast EV charging of up to 400kW, addressing current grid limitations and supporting India's renewable energy transition. The solution enhances operational efficiency for Charge Point Operators while providing a superior customer experience. Investors may view this development positively, as it positions Exicom at the forefront of the growing EV charging market, potentially increasing its competitive edge and market share.