BSEHarish Textile Engineers Ltd· Industrial ManufacturingHighNegative
Announced Fri, 6 Feb, 2026 · 18:58 IST

Please find attached herewith disclosure under reg 30 regarding in the matter of M/s. Deep Industries

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-3.7%Reaction day
₹65.95
prior close
₹65.07
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used+2.6%-6.3% vs market
Industrial Products peers, median of 118sector+1.9%-5.7% vs sector

On the reaction day the stock moved 6.3 pts less than Nifty Microcap 250 and 5.7 pts less than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+2.9
10m
+2.9
15m
+2.9
30m
-1.6
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-3.7+2.6-6.3+1.9-5.7
Next day
+0.8+3.6-2.8+2.1-1.3
2d
-7.0+3.1-10.1+1.9-8.9
3d
-7.5+2.6-10.1+1.1-8.6
4d
-4.1+1.1-5.2+0.3-4.4
5d
-2.1+0.3-2.4-0.7-1.4
1w
-2.8+1.6-4.4+0.2-3.0
15d
-4.5-3.9-0.5-5.8+1.3
1m
-3.3-8.1+4.8-7.5+4.2
2m
-1.4-3.1+1.6-3.1+1.6
3m
+0.3+9.2-8.9+6.4-6.1
UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 118Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Harish Textile Engineers has informed BSE that the Micro and Small Enterprises Facilitation Council (MSEFC), Ahmedabad has terminated conciliation proceedings and directed the start of arbitration in a dispute with M/s. Deep Industries. The case relates to alleged delayed payment to Deep Industries, an MSE-registered supplier, under the MSMED Act, 2006. The company received the order (Application D.P. No. 5337) by post on 6 February 2026 and is reviewing it with legal advisors. The company has stated that at this stage there is no material impact on its financials or operations. This is the latest update in an ongoing matter first flagged by the company in April 2024.

Likely market impact

The failed conciliation means the dispute will now move to formal arbitration, which could result in a financial liability if decided against the company. However, management has stated no material impact currently, so the immediate effect on shareholders is likely limited, though the outcome remains uncertain.