Symphony Ltd reappoints Mr. Achal Bakeri as MD

The Board of Directors of Symphony Ltd has considered, approved and reappointed Mr. Achal Bakeri as Managing Director of the Company for a further period of five years.

Mr. Achal Bakeri, a game-changer in the industry of environmentfriendly products is the founder of the World's largest air coolers company. ln 1988, he founded Symphony Limited with an aim to provide economically viable cooling accessible to all. Driven by a design thinking approach, Achal has lead Symphony to be a pioneer in the industry dominatlng the maximum market share over the years. The company under Mr. Bakeri's leadership has remained close to the idea of its conception - design and efficacy.

Mr. Bakeri has been the advocate for green and environment friendly coollng solutions and popularised the aesthetically and ergonomically designed evaporative coolers in the residential, commercial and industrial segments. The immense adoption of the products in a formerly unorganised sector has made Symphony synonymous to 'cooling'.

Mr. Bakeri has received several awards in entrepreneurship and leadership. He has been associated with various professional bodies, academic institutions and public charitable institutions.

Qualification: Architect, Master of (University of Southern California)

Shares of Symphony Limited was last trading in BSE at Rs. 1113.00 as compared to the previous close of Rs. 1128.35. The total number of shares traded during the day was 6423 in over 587 trades.

The stock hit an intraday high of Rs. 1133.00 and intraday low of 1110.50. The net turnover during the day was Rs. 7211374.00.

Source : Equity Bulls

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Symphony INE225D01027 Reappointment MD