Harmony Capital Service Ltd — Important, 16-07-2026: Company Update

Harmony Capital Services' board approved the financial results for the quarter ended June 30, 2026. The company also announced a strategic move to acquire approximately 51% of Truvolt Engineering Co Private Limited through a share swap, making it a subsidiary. This acquisition, valued at Rs. 83.47 Cr, involves issuing 1.26 Cr new shares at Rs. 66 each to Truvolt's shareholders, based on a 1:2 swap ratio. Truvolt, an engineering firm, reported turnovers of Rs. 315.09 Cr (FY26) and Rs. 242.60 Cr (FY25). This move aims to strengthen Harmony Capital's business operations and create long-term shareholder value.