Symphony Limited — Board Meeting, 12-04-2025: Outcome of Board Meeting

The Board of Directors has approved exploring the divestment or monetization of stakes in its Australian subsidiary, Climate Technologies Pty Limited, and Mexican subsidiary, IMPCO S de R.I. de C.V. They will also appoint investment bankers for this process and reclassify these investments as “Assets held for Sale.” The company aims to enhance capital efficiency and refocus management on high-growth opportunities in India and other international markets. Recent financial data shows a consolidated revenue of ₹1,164 Cr and a PAT of ₹195 Cr, reflecting a 20% YOY increase. The company forecasts potential debt-free status driven by strong internal accruals from its subsidiaries.