PLEASE FIND ATTACHED HEREWITH OUTCOME OF EGM HELD ON 11-03-2026 FOR HARISH TEXTILE ENGINEERS LIMITED
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Harish Textile Engineers Ltd held its Extra-Ordinary General Meeting (EGM) on March 11, 2026, via video conferencing, attended by 86 shareholders out of 9,862 total shareholders on record. The key item of business was a Special Resolution seeking approval for the issue of equity shares on a preferential basis to persons belonging to the Promoter and Non-Promoter categories. A corrigendum was issued just before the meeting to clarify and modify the explanatory statement and resolutions in the original EGM notice. The Chairman (Sandeep Gandhi, MD) and CFO (Pinkesh Upadhyay) responded to queries raised by shareholder-speakers. Voting results and the scrutinizer's report will be declared within two working days and filed with BSE.
The preferential equity issue, if approved, will lead to dilution of existing shareholders' stakes and may result in changes to the promoter holding depending on allotments to non-promoters. Investors should watch the voting outcome and the final terms of the preferential allotment, as pricing, number of shares, and identity of allottees will determine the actual impact on share value and ownership structure.