Harikanta Overseas Clarifies Non-Applicability of Escrow Payment Mechanism

Harikanta Overseas Limited has issued a clarification to the BSE Listing Department regarding the quarterly filing for the Escrow Payment Mechanism disclosure. The company states that this requirement is only applicable to issuers making public issues of debt securities or seeking listing of municipal debt securities issued on private placement basis. As Harikanta Overseas Limited has not issued any Municipal Bonds or debt securities, the company asserts that the submission of this disclosure is not applicable to them. This clarification is in response to an email from BSE dated August 12, 2026.