Announced Fri, 26 Sept · 23:34 IST

Please find attached herewith disclosure under Regulation 30 of SEBI (LODR), Regulations, 2015.

Regulatory & Legal View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Harish Textile Engineers Ltd received a legal notice on 25 September 2025 from its supplier Marudhar Refractories, alleging non-payment of dues for goods supplied. The supplier has claimed an outstanding principal of Rs. 1,05,653, along with interest at 18% per annum and Rs. 10,000 towards legal notice charges. The notice warns that civil and criminal proceedings may be initiated if the amount is not paid. The Company has stated that the amount involved is not material and there is no immediate impact on its financial or operational activities. The Company is reviewing the matter and will respond in consultation with its legal advisors.

Likely market impact

This is a routine, small-value commercial dispute unlikely to affect the stock price or operations. Shareholders need not worry at present, but should watch for any escalation into actual court proceedings.