Harmony Capital Services To Acquire 51% In Truvolt Engineering Via ₹83 Crore Share Swap

Q1 FY27 Standalone Results YoY: Revenue at 4.4 Cr vs nil. EBITDA turned profitable at 1.4 Cr vs loss of 0.01 Cr. EBITDA Margin at 31.3%. PAT turned profitable at 1.2 Cr vs loss of 0.01 Cr. Board approved acquisition of 51% stake in Truvolt Engineering Co Pvt Ltd (FY26 turnover Rs 315 Cr) via share swap, issuing up to 1.26 Cr equity shares at Rs 66/sh (total consideration Rs 83.47 Cr), making it a subsidiary.