Symphony Limited

Symphony Ltd has announced the closure of its trading window for designated persons and their immediate relatives, effective July 01, 2026. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations 2015 and the company's internal code. The trading window will reopen 48 hours after the declaration of the unaudited financial results for the first quarter ending June 30, 2026. This measure is standard practice to prevent potential insider trading during periods leading up to financial result announcements.

Symphony Ltd announced that its management will interact with ET Swadesh (Hindi) on June 15, 2026, to discuss the company's business overview. The date is subject to change and the interaction may be postponed or cancelled. Details of the telecast will be available on the company's website, aiming for wide dissemination of information to shareholders.

Symphony Ltd announced that its management will engage in discussions with electronic business channels, specifically ET Now, to provide an overview of the company's business. The interaction is scheduled for June 12, 2026, though the date is subject to change. This initiative aims to widely disseminate information to the company's stakeholders. Details of the telecast will be made available on the company's official website.

Symphony Ltd has completed the transfer of its 100% equity stake in Bonaire USA LLC (BUSA) and Intellectual Property Rights (IPRs) from Climate Technologies Pty Limited (CTPL). The total consideration of AUD 7.6 million (approximately ₹52 crore) was remitted to CTPL, with AUD 4.3 million for BUSA and AUD 3.3 million for IPRs. CTPL utilized the entire proceeds to prepay working capital borrowings, reducing outstanding debt to approximately AUD 5.5 million. Symphony will restrict future funding to Australian subsidiaries to regulatory requirements, as per the Board's directive.

Symphony Ltd will interact with CNBC TV18 on May 18, 2026, to discuss the financial results for the fourth quarter and financial year ended March 31, 2026, along with the business and industry outlook. The date is subject to change, and the interaction may be postponed or cancelled. Details of the telecast will be available on the company's website.

Symphony Ltd reported a 28% YoY decrease in consolidated revenue for FY26, reaching ₹1,131 crore. Standalone revenue also declined by 35% to ₹765 crore. The company's EBITDA margin contracted, attributed to operating deleverage. The board has proposed a final dividend of ₹5 per share. The company is undertaking a balance sheet reset for its Australian operations, including impairments of ₹259 crore at the consolidated level. Symphony will acquire CTPL’s IPRs for ~₹23 crore and Bonaire USA LLC for ~₹30 crore.

Symphony Ltd's board approved a balance sheet reset for its Australia business, including impairment to align with current market conditions. The company will acquire intellectual property rights from Climate Technologies Pty Ltd (CTPL) and place Bonaire USA under Symphony's direct ownership for enhanced visibility. A$25 million (~₹165 crore) was infused into CHPL, with A$20 million (~₹132 crore) used to prepay the acquisition loan and A$5 million (~₹33 crore) to reduce CTPL's working capital borrowings.

Symphony Ltd's board reappointed Mr. Nrupesh Shah as Managing Director – Corporate Affairs for five years, subject to member approval. This decision was made during a board meeting on May 15, 2026, where the audited financial results for the year ended March 31, 2026, were also approved. The board recommended a final dividend of ₹5.00 per equity share. The meeting commenced at 03:30 p.m. and concluded at 04:20 p.m.

Symphony Ltd's board approved the audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026. The board recommended a final dividend of ₹5.00 (250%) per equity share with a face value of ₹2 each for FY26. Additionally, Mr. Nrupesh Shah was reappointed as Managing Director – Corporate Affairs for another five years, subject to member approval. The auditors, M/s. B S R & Co. LLP, issued unmodified audit reports on the financial results.

Symphony Ltd's board recommended a final dividend of ₹5 per share (250% on face value of ₹2) for the financial year 2025-26. The board also approved the audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026. Additionally, Mr. Nrupesh Shah was reappointed as Managing Director – Corporate Affairs, subject to member approval.