Symphony Ltd management will interact with ET Now on June 12, 2026, to discuss the company's business overview. The interaction is intended to disseminate information widely to the members of the company. Details regarding the telecast will be made available on the company's official website.

The management of Symphony Ltd is scheduled to engage with the business channel to provide insights into the company's operations. The interaction is subject to change and may be postponed or cancelled by the business channel or the company due to exigencies.

Interaction Details

The company has stated that the date of the interaction is tentative. Any changes to the schedule will be communicated as necessary. The telecast details will be updated on the Symphony Ltd website for public access.

Symphony Limited has completed the acquisition of a 100% equity stake in Bonaire USA LLC and Intellectual Property Rights (IPRs) from Climate Technologies Pty Limited (CTPL) for an aggregate consideration of AUD 7.6 million. The transfer was finalized through the execution of relevant agreements, with the company remitting the total amount to CTPL in the current week. This strategic move consolidates control over key assets and intellectual property within the company's portfolio.

The transaction involved a specific allocation of funds, with AUD 4.3 million remitted towards the transfer of the 100% stake in Bonaire USA LLC and AUD 3.3 million for the transfer of the IPRs. As a result of this transaction, CTPL utilized the entire proceeds to prepay working capital borrowings. This prepayment has significantly reduced the outstanding borrowings of the Australian operations to approximately AUD 5.5 million.

The Board of Directors, in its meeting held on May 15, 2026, has directed that the company does not envisage any incremental capital allocation to its Australian subsidiaries following this transfer. The board stated that any future funding requirements will be strictly restricted to regulatory necessities, if any. This decision underscores a strategic shift towards capital efficiency and reduced financial exposure in the Australian market.

The following table details the financial breakdown of the transaction and the resulting debt position:

This disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Mayur Chimanbhai Barvadiya, Company Secretary and Head - Legal.