Symphony has informed that the Board of Directors, at its meeting held today, has reviewed and confirmed that the previously announced divestment/monetization of stake in Climate Technologies, Australia (CT) shall also extend to include the divestment/monetization of stake in Symphony AU Pty Limited (SAPL), Australia. SAPL, a wholly owned subsidiary (100%) of Symphony was incorporated as a Special Purpose Vehicle (SPV) in 2018 for the acquisition of CT. SAPL is the holding company of CT and holds 100% of CT’s equity shares. The Board meeting commenced at 11:00 am and concluded at 11:15 am.
The above information is a part of company’s filings submitted to BSE.
