Announced Thu, 12 Mar · 17:49 IST

Please find attached herewith Voting Results for EGM held on 11th March, 2026 for Harish Textile Engineers Limited

Price

Loading chart…

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Harish Textile Engineers Limited held an Extra-Ordinary General Meeting on March 11, 2026, via video conferencing. The single special resolution put to vote was the approval for issuance of equity shares on a preferential basis to persons belonging to the Promoter and Non-Promoter category. The resolution was passed with overwhelming shareholder support, with 1,873,136 votes (99.97%) cast in favour and only 551 votes (0.03%) against it, out of 1,873,687 valid votes. The e-voting was conducted through Bigshare Services' platform, with the remote e-voting window open from March 8 to March 10, 2026. CS Dipali Vora of D N Vora & Associates served as the scrutinizer for the process.

Likely market impact

The approval paves the way for the company to issue fresh equity shares on a preferential basis to promoters and non-promoters, which could lead to equity dilution for existing shareholders. However, with 99.97% approval, the move enjoys near-unanimous shareholder backing, suggesting confidence in the fundraising or capital restructuring plan.