Harmony Capital Services Ltd. has initiated a Postal Ballot for shareholders to approve key strategic proposals.

These include redesignating Mr. Rajesh Ghosh as Managing Director and appointing two Independent Directors.

Crucially, the company seeks approval to acquire a 51% stake, or 63,23,700 equity shares, in Twolight Engineering Company Private Limited, and for significant related party transactions with it.

Shareholders will also vote on increasing the foreign investment limit to 100% of the company's paid-up equity share capital.

These decisions shape the company's future management, business expansion, and capital structure.

Voting will be via remote e-voting.