
Harish Textile Engineers declares Q2 FY27 Unaudited Results
Harish Textile Engineers Limited announced its Unaudited Financial Results for the second quarter and half year ended September 30, 2026. The Board of Directors approved the standalone results along with the Limited Review Report from statutory auditors M/s K M Swadia and Company. The company also noted that the trading window for insiders remains closed until 48 hours after the dissemination of these results. A significant point highlighted in the auditor's report is the company's default in the redemption of debentures, specifically 7% Unlisted, Secured, Unrated, Redeemable, Non-Convertible Debentures (NCDs) - Old Series-III and New Series-IV, which were due for redemption in October 2025 and December 2025 respectively. The principal amounts due were INR 64.72 Lakhs and INR 146.79 Lakhs. Interest on these NCDs has been paid up to June 30, 2026.
Key Highlights
- Company declared Unaudited Financial Results for Q2 and H1 FY27.
- Board approved standalone results and auditor's limited review report.
- Trading window for insiders remains closed.
- Company defaulted on debenture redemption obligations.
- Auditor's report highlights event of default notice from Debenture Trustee.
Price Impact
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