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

The Board of Directors has explored divesting stakes in its Australian and Mexican subsidiaries, Climate Technologies and IMPCO, respectively. They approved the appointment of investment bankers for this process and authorized management to classify these investments as "Assets held for Sale." Symphony aims to refocus its management on higher-growth opportunities within India and potential overseas markets, particularly in the USA. In the financial performance, Symphony's standalone revenue stands at ₹1,065 Cr, with a PAT of ₹179 Cr, reflecting a YOY growth of 20%. This divestment is expected to enhance capital efficiency and ROCE.