ALPHA TRIBE

Harish Textile Engineers LtdOthers, 14-07-2025: AGM/EGM

14-07-2025 | 06:55 pm

Harish Textile Engineers' shareholders have approved all resolutions through a postal ballot. This includes the sale and transfer of its textile processing and finishing machinery business to promoter-owned Nfinia Industries Private Limited on a slump sale basis. Shareholders also greenlit related party transactions for this business transfer and a separate leave and license arrangement for the registered office premises. Additionally, Mr. Ashwini Ramakant Gupta has been appointed as a Non-Executive, Independent Director. These approvals signify significant operational restructuring and board strengthening, with strong shareholder backing for these strategic moves.

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