Delayed Payment8 April 2026 at 05:01 pm
Harish Textile Engineers Delay Payment of Interest on Unlisted NCDs Due to Financial Constraints
AI Summary
Harish Textile Engineers Ltd. has delayed the payment of interest amounting to Rs. 3,65,070 on its 7% Unlisted, Secured, Unrated, Redeemable, Non-Convertible Debentures (Old Series-III & Series-IV Debentures) due to ongoing financial constraints. The total interest due for the period October 2025 to March 2026 was Rs. 7,38,253, out of which the Company has paid Rs. 3,73,183 for the period October 2025 to December 2025. The Company is making efforts to arrange the necessary funds for settlement of the outstanding interest and redemption obligations.
Key Highlights
- Harish Textile Engineers Ltd. has delayed the payment of interest on its Unlisted NCDs.
- The total interest due for the period October 2025 to March 2026 was Rs. 7,38,253.
- The Company has paid Rs. 3,73,183 for the period October 2025 to December 2025.
- The delay in payment is due to ongoing financial constraints.
- The Company is making efforts to arrange the necessary funds for settlement.