Harish Textile Engineers Ltd — Important, 21-11-2025: Company Update

Harish Textile Engineers received a legal notice from a supplier, Electrosil14 Systems. The notice alleges default in redeeming Non-Convertible Debentures (NCDs) worth 0.0925 Cr, plus 7% interest, which were issued to restructure supplier dues. It also claims dishonor of cheques for these NCDs and their interest. The company is asked to pay the alleged outstanding amount within 15 days. Management is reviewing the matter with legal advisors and states there is no material financial or operational impact at this stage. An appropriate legal response will be submitted.