\mphenl

December 26, 2016

To,

1)The Secretary
8SE Limited

Code No.:- 517385

Phiroze Jeejeeb hoy Towers, DalalStreet, Mumbai-4OO OO1

2)The Secretary

Nationalstock Exchange of lndia Limited

Symphony: SYMpHONy

Exchange Plaza, Plot No. C/1, G Block,

Series i-

Bandra Kurla Complex, Bandra (E),

EQ

Mumbai-400051.

3)The Secretary
Ahmedabad Stock Exchange timjted

Code No.:- 51760

Kamdhenu Complex, Opp. Sahajanand Complex,

Panjarapole, Ahmedabad - 380 01S.
Re.r Closure of Symphony USA thc., a step down subsidiary (SDSI

DearSir,

We wish

to inform you that tmpco

S. de R. L. de C.V Mexico (tMpCO), a step down subsidiary of the

Company, has decaded to close the operation of its wholly owned subsidiary
{WOS) company in USAviz.

(sul) (earlier known as tmpco Air Coolers lnc.) w.e.f December 31,2016
and
SUl, USA will cease to be a step down subsidiary ofthe Company w.e.i December
31,2016.

Symphony USA lnc.

accordingly

SUI is located in Phoenax, Arizona and has been the marketinS arm
in USA of tMPCO, Mexico since 2009.
To improve operational efficiency and to simplify business operations,
lMpco has decided to outsource
fiarketing activities in USA to one or more distributors / dealers to save the cost of
holding inventories,
blockageoffunds in workangcapital, regulatory compliances and also recurring overheads.
As we have announ(ed earlier vide corporate announcements dated
January 17, 2015 and September 24,

2015, rMPCO is arso being transformed into asset right

improve operating efticiencies of tMpCO.
Please note

capitar riSht business moder. This wifl further

that tMPCO, Mexio is a WOS ofthe Sylvan Holding pte Limited, Singapore which

WOS of Symphony Limited, tndia.

Therewill be nomaterialfinancial impactof theabove.

Thanking you,
Yours truly,
For Symphony Limited

AflMTDASAD

Mayur C. Earvadiya
Company Searetary

Symphsy

Lamat d,

ft

) Sodakdv Otr SG Highw

11111 F:

+91-79-6621U4(

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