Harmony Capital Service Ltd — Important, 21-07-2026: Company Update

Harmony Capital Services Ltd. has initiated a Postal Ballot for shareholders to approve key strategic proposals. These include redesignating Mr. Rajesh Ghosh as Managing Director and appointing two Independent Directors. Crucially, the company seeks approval to acquire a 51% stake, or 63,23,700 equity shares, in Twolight Engineering Company Private Limited, and for significant related party transactions with it. Shareholders will also vote on increasing the foreign investment limit to 100% of the company's paid-up equity share capital. These decisions shape the company's future management, business expansion, and capital structure. Voting will be via remote e-voting.