Postal Ballot: Share swap to acquire 51% stake in Truvolt Engineering

Harmony Capital Services has issued a postal ballot with 7 resolutions for e-voting between July 18 and August 17, 2026. Key items: changing Mr. Rajesh Ghosh to Managing Director, appointing two new Independent Directors, appointing M/s Kale Malde and Co as Statutory Auditor to fill a casual vacancy, and acquiring 51% stake in Truvolt Engineering Co via share swap by issuing 1.26 crore equity shares at Rs 66 each (about Rs 83.47 crores). Also seeks to raise foreign investment limit to 100% and approve related party transactions.