Symphony Ltd Impairs Australia Business, Acquires US Assets

Symphony Board approves ₹298 crore impairment on Australian subsidiary CHPL and ₹259 crore consolidated write-downs for FY26.
Company acquires Bonaire USA LLC for A$4.3M and CTPL's intellectual property for A$3.3M to improve strategic control.
No further capital allocation planned for Australian subsidiaries as business transitions to asset-light distribution partner model.
Australian subsidiary CTPL recorded cumulative losses of ~₹60 crore over two years, including ~₹33 crore in FY26.