Loan & Debt6 Aug 2026, 11:00 pm
Harish Textile Engineers Ltd: NCD Holders Meeting Outcome
AI Summary
Harish Textile Engineers Ltd held a meeting with its 7% Unlisted, Secured, Unrated, Redeemable, Non-Convertible Debenture holders (Old Series III and Series IV NCDs) on August 6, 2026, convened by Axis Trustee Services Limited. The meeting addressed the delay in redemption and interest payment. While discussions took place and clarifications were provided, parties agreed to further internal discussions to reach an amicable solution. The company will continue to inform the BSE of material developments.
Key Highlights
- Meeting held with NCD holders regarding redemption and interest payment delays.
- Debenture holders and company to have further internal discussions.
- Aim is to reach an amicable and mutually accepted solution.
- Company will update BSE on material developments.
Price Impact
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