ALPHA TRIBE

Harish Textile Engineers LtdOthers, 21-08-2025: Others

21-08-2025 | 05:24 pm

Harish Textile Engineers' Board has approved the extension of the redemption due date for its 7% Old Series-III Non-Convertible Debentures (NCDs). The 64,720 outstanding NCDs, each with a face value of Rs. 100, aggregating to Rs. 0.6472 Cr, will now be redeemed by October 7, 2025. This extension, which impacts debenture holders, was finalized after receiving consent from the majority of NCD holders and the Debenture Trustee, Axis Trustee Services Limited, following earlier discussions. This provides the company with more time for debt repayment.

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