Exicom Tele-Systems Limited has informed the Exchange regarding a press release dated May 22, 2025, titled "Exicom Launches Harmony Direct 2.0, Redefining Reliability and Efficiency in EV Charging".
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Exicom Tele-Systems has launched Harmony Direct 2.0, a next-generation DC fast charger powered by Harmony OS, which the company describes as India's first indigenously developed charger operating system. Key features include AI-enabled remote management via Harmony Connect, sensor-based diagnostics, dynamic load sharing between plugs, real-time power optimization, and multi-stack charging capabilities. The product is aimed at charge point operators and fleet operators, focusing on improved reliability, lower energy costs, and better user experience. The launch was unveiled at an industry event organized by the company on May 22, 2025, with no financial details, order pipeline, or revenue guidance disclosed in this filing.
The product launch strengthens Exicom's positioning in India's growing EV charging market and highlights its indigenous technology capabilities, but the announcement does not include any quantifiable financial impact, order wins, or revenue guidance, so the near-term effect on the stock is likely limited to sentiment.