Intimation of change of name of the Wholly Owned Subsidiary of the Company
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Symphony Limited has informed the stock exchanges about a change in the name of one of its wholly owned subsidiaries. A wholly owned subsidiary is a company that is fully owned by Symphony. This is a routine corporate identity update and does not involve any change in ownership, business activity, or financial structure. The subsidiary will now operate under a new legal name, while remaining 100% owned by Symphony Limited.
No material impact on shareholders. A subsidiary name change is an administrative action that does not affect earnings, shareholding, or the stock price in any meaningful way.