Please find attached herewith Scrutinizer Report and Voting Results of EGM of the Company held on 11th March, 2026.
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Harish Textile Engineers Limited held an Extra-Ordinary General Meeting on March 11, 2026, via video conferencing, where shareholders approved a Special Resolution for the issuance of equity shares on a preferential basis to persons belonging to the Promoter and Non-Promoter categories. Out of 9,862 shareholders on the record date (March 4, 2026), 1,873,135 valid votes were cast in favour of the resolution (99.97%), while only 551 votes (0.03%) were against it. Promoter and promoter group holders (holding 1,604,885 shares) were classified as interested parties, so their votes were excluded from the majority calculation. The scrutinizer, M/s. D N Vora & Associates, confirmed the resolution was duly passed with the requisite majority.
Existing public shareholders should note this is a preferential equity issuance involving the promoter group, which could lead to dilution of their holdings. Despite the near-unanimous approval, retail investors should monitor the pricing and allotment terms of these shares once announced, as preferential allotments to promoters typically signal capital infusion but may impact share price.