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Symphony update on divestment of stake in Climate Technologies, Australia

25-Jul-2025, 03:22

The Board of Symphony at its meeting held on 25 July 2025 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 (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.