Announced Fri, 14 Nov · 18:55 IST

Please find enclosed herewith intimation for change in Management.

Management Changes View source PDF

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▲ 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 has informed the BSE that Mr. Mahesh Ratilal Sapariya (DIN: 00414104), a Non-Executive Independent Director, has resigned from the board effective close of business hours on 14 November 2025. He cited 'other ongoing engagements and personal commitments' as the reason and confirmed there are no other material reasons behind his exit. He also stepped off the Audit Committee, Stakeholders Relationship & Grievance Committee, and Nomination and Remuneration Committee. The board has reconstituted these three committees with Mrs. Bhavna Brahmbhatt as Chairperson and Mr. Sunil Bhirud and Mr. Ashwini Gupta as members. The company is a small-cap textile engineering firm (BSE scrip 542682) with its registered office in Andheri East, Mumbai.

Likely market impact

This is a routine, non-KMP change limited to one Independent Director citing personal reasons with no governance red flags, so near-term impact on the stock should be minimal. Shareholders should watch for a timely replacement to ensure the board and Audit Committee continue to meet SEBI's minimum composition requirements.