ALPHA TRIBE

Harish Textile Engineers LtdImportant, 30-06-2026: Company Update

30-06-2026 | 06:30 pm

Harish Textile Engineers has cleared all outstanding interest payments on its 7% Unlisted NCDs (Old Series III & IV). While there is no interest liability, the redemption of Rs. 2.1151 crore in principal remains delayed due to the company's ongoing financial constraints. The company is engaging with debenture holders and actively seeking funds to fulfill its principal repayment obligations. This default is part of a total debt issuance of Rs. 4.232 crore, with the company's overall financial indebtedness standing at Rs. 30.25 crore. The company commits to updating the market on further developments.

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