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

Harish Textile Engineers Limited held a meeting with holders of its 7% unlisted, secured, unrated Non-Convertible Debentures (Old Series-III) to address default in redemption. Out of 14 debenture holders, 9 attended and agreed in principle to extend the redemption period until 7 October 2025. The company will proceed with formalizing the extension and related documentation only after receiving signed No Objection Certificates from the majority of debenture holders. This extension aims to manage outstanding dues and provide the company additional time to fulfill its obligations.