The Stock Exchange and stakeholders are hereby requested to take on record the 32nd Annual Report of the Company for the Financial Year 2025-26.
Awaiting price reaction for this filing.
Harmony Capital Services Ltd has submitted its 32nd Annual Report for FY 2025-26. The company reported zero revenue from operations for the second consecutive year, but turned profitable with Rs 26.60 lakh profit before tax compared to a Rs 60.47 lakh loss in FY 2024-25, driven by other income of Rs 39.71 lakh and reduced expenses of Rs 13.11 lakh. The AGM will be held on June 3, 2026 via video conferencing. Key agenda items include regularization of director appointments (including Mr. Rajesh Ghosh who holds 28.32% stake), alteration of the Object Clause to include manufacturing, fabrication, and engineering activities, and shifting the registered office from Mumbai, Maharashtra to Kolkata, West Bengal.
The company showing a profit despite zero operational revenue may provide some relief to shareholders, though the lack of core business activity remains a concern. The proposed expansion of business objects and office relocation to West Bengal signal potential strategic changes that shareholders should monitor.