Harmony Capital Services Limited has informed the stock exchanges regarding the resignation of its statutory auditor, M/s Kapish Jain and Associates, Chartered Accountants. The firm tendered its resignation effective from the close of business hours on May 20, 2026. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The auditors cited discrepancies over professional fees as the primary reason for their departure. In their resignation letter, the firm stated that despite discussions, the agreed fees were not commensurate with the time, efforts, and resources required to conduct the audit in accordance with the Standards on Auditing and other regulatory requirements. Consequently, the firm determined it could not continue in the role.

Harmony Capital Services confirmed that the resigning auditors had not raised any concerns or issues regarding the company's management. As a result, the company noted that deliberation or comments from the Audit Committee were not applicable in this instance.

Auditor Details

M/s Kapish Jain and Associates were originally appointed on August 18, 2023. Their term was scheduled to conclude at the end of the company's 34th Annual General Meeting. Prior to their resignation, the firm had completed the limited review on the audited standalone financial results for the quarter and year ended March 31, 2026, issuing the report on May 7, 2026.

The company has enclosed the necessary details, including the resignation letter and Annexure A, as required under the relevant SEBI regulations and circulars.

Harmony Capital Services Limited has submitted copies of newspaper advertisements published regarding the completion of the dispatch of the Notice for its 32nd Annual General Meeting (AGM). The meeting is scheduled for Wednesday, June 3, 2026, at 1:00 P.M. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The advertisements were published in the Financial Express and Mumbai Lakshadweep. The company also confirmed that the dispatch of the Notice of AGM and Annual Report for FY 2025-26 was completed on May 12, 2026, through electronic mode, with physical letters containing web-links sent to members without registered email addresses.

Financial Performance for FY 2025-26

The company reported a turnaround in financial performance for the year ended March 31, 2026, recording a profit after reversing a prior-year loss. The improvement was driven by other income of ₹39.71 lakhs, primarily comprising liabilities no longer required written back, while total expenses stood at ₹13.11 lakhs. The following table summarises the key financial highlights (₹ in Lakhs):

The Board of Directors has not recommended any dividend on equity shares for the year under review.

E-Voting and Key Dates

The company has engaged MUFG Intime India Private Limited as its Registrar and Share Transfer Agent for facilitating remote e-voting. Key dates for shareholder participation are as follows:

Members whose names appear in the Register of Members as on the cut-off date of May 27, 2026, shall be entitled to participate in remote e-voting.