Harish Textile Engineers Ltd — Updates, 22-05-2025: Company Update

Harish Textile Engineers Limited has confirmed that the Annual Secretarial Compliance Report is not applicable to the company as its paid-up equity share capital and net worth are below Rs. 10 Crore and Rs. 25 Crore, respectively. As of the last financial year, paid-up capital stood at Rs. 3.34 Cr and net worth at Rs. 9.25 Cr. This exempts the company from certain corporate governance provisions, reducing compliance obligations while maintaining eligibility to comply within six months if thresholds change. This clarification reassures stakeholders about the company’s regulatory status.