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Symphony Limited — Board/Management Information 2021
Jun 22, 2021
60717_rns_2021-06-22_2c26e171-00d8-4c08-908b-f4dbd3bc3b53.pdf
Board/Management Information
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June 22, 2021
To, BSE Limited Security Code ‐ 517385
To,
National Stock Exchange of India Limited Symbol – SYMPHONY
Sub.: Press Release ‐ Appointment of Mr. Amit Kumar as Executive Director and Group CEO
Dear Sir/Madam,
Further to our earlier communication dated June 19, 2021, we are submitting herewith a copy of Press Release in respect to appointment of Mr. Amit Kumar as Executive Director and Group CEO of Symphony Limited w.e.f. August 2, 2021.
Kindly consider this in due Compliance of Regulation 30 and other applicable provisions, if any of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Kindly take note of the same and oblige.
Thanking you,
Yours Sincerely,
For, Symphony Limited MAYUR C Digitally signed by MAYUR C BARVADI BARVADIYA Date: 2021.06.22 YA 11:27:08 +05'30' Mayur Barvadiya Company Secretary
Enc.: as above.
Email: [email protected]
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PRESS RELEASE
Appointment of Mr. Amit Kumar as an Executive Director and Group CEO
Ahmedabad: June 21, 2021
Symphony Limited announces the appointment of Mr. Amit Kumar as Executive Director (ED) and Group CEO of the Company, effective August 2, 2021.
Amit aged 42 years, is an Engineer from IIT Kanpur and MBA from IIM, Ahmedabad. Amit will be joining from KPMG where he is currently a Partner with focus on business transformation.
Welcoming the new ED and Group CEO : Mr. Achal Bakeri, Chairman and Managing Director stated: "We are delighted to have Amit Kumar join us as Executive Director and Group CEO of Symphony. He has nearly 18 years of experience with corporate and consulting sectors, had his own tech start‐up and has been a business transformation and profitability improvement specialist with three of the Big Four accounting/consulting firms.
Mr. Amit Kumar, ED and Group CEO‐ designate ‐ added: "I thank the board of Symphony for giving me this opportunity. I look forward to leading the company through the next phase of its growth journey, take brand “Symphony” to new heights and help create long‐term value for all its shareholders and stakeholders.”
ABOUT SYMPONY LIMITED:
A world leader in evaporative air coolers, Symphony focuses on innovative design to create better and eco‐friendly products for domestic, commercial and industrial customers in 60 countries across the globe. At Symphony, design‐driven innovation and green engineering is a sustainable competitive advantage. Company delivers market‐leading products with engineering and design innovation, improved energy conservation, distinctive styling and customer‐centric design.
Established in 1988, Symphony leverages a unique and successful asset‐light business model for its residential coolers in India and in‐house lean manufacturing for its industrial coolers in Mexico to achieve sustainable and profitable growth.
Headquartered in Ahmedabad, Gujarat, India, Symphony is a global company committed to develop sustainable and responsible products. This means leading the air‐cooling industry's efforts to develop breakthrough green technologies to combat climate change. A publicly traded company in India having subsidiary companies in Mexico, China, Australia, USA and Brazil offering products in over 60 countries, Symphony continuously delivers value to its stakeholders in a profitable and predictable way.
Email: [email protected]