Please find enclosed herewith Corrigendum to the Notice of EGM dated February 10, 2026.
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 has issued a corrigendum to its EGM notice dated February 10, 2026, which is scheduled for March 11, 2026. The EGM seeks shareholder approval for issuing up to 21,23,800 equity shares at Rs. 64 per share (including a Rs. 54 premium over the Rs. 10 face value), aggregating up to Rs. 13.59 crore, on a preferential basis to promoter group members and non-promoter allottees. The corrigendum adds details on pre- and post-preferential shareholding percentages, required by BSE as part of the in-principle approval process for the preferential issue. Consideration will be in cash and/or against credit balances (other than cash). Post-issue, promoter Sandeep Kirti Gandhi will hold 39.54%, while his children Shovan and Shaiv Sandeep Gandhi will each hold around 9.62%.
This is a procedural corrigendum clarifying disclosure details for an already-announced preferential allotment, not a new fundraise. Existing shareholders should review the revised allotment list and post-issue shareholding percentages before voting at the March 11 EGM, as it will result in dilution and concentration among promoter family members.