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BSEHarish Textile Engineers Ltd· Industrial ManufacturingHighNegative
Announced Wed, 23 Jul, 2025 · 18:38 IST

Please find enclosed herewith intimation for hearing received from NCLT.

Price

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

Price reactionminutes from the announcement price · days from the prior close
-2.9%Reaction day
₹61.29
prior close
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announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-2.6% vs market
Industrial Products peers, median of 107sector-0.7%-2.2% vs sector

On the reaction day the stock moved 2.6 pts less than Nifty Microcap 250 and 2.2 pts less than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
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Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-2.9-0.3-2.6-0.7-2.2
Next day
-2.6-2.2-0.4-1.9-0.7
2d
-0.5-3.4+2.9-3.5+3.1
3d
-9.8-1.9-7.9-3.4-6.4
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-2.1-1.6-0.5-3.1+1.0
5d
-1.5-2.3+0.9-2.9+1.5
1w
-1.3-3.3+2.1-4.1+2.8
15d
-2.9-5.8+2.9-7.7+4.8
1m
-5.2-3.7-1.5-6.1+0.9
2m
-5.7-2.4-3.3-4.6-1.1
3m
-5.0-3.5-1.5-9.3+4.3
UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 107Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Harish Textile Engineers has informed exchanges that the NCLT Mumbai Bench has listed a matter for hearing on 24 July 2025. The case was originally filed by M/s. Kamlesh Corporation, a creditor, over alleged outstanding dues owed by the company. This is a continuation of an earlier intimation from 9 June 2025 regarding the same case. The company says it is taking legal advice and will file its response/submissions before NCLT. As per the disclosure, there is no material financial or operational impact on the company at this stage.

Likely market impact

This is a routine update ahead of an NCLT hearing in a creditor dispute and does not indicate insolvency admission or any financial hit. Shareholders should watch for the hearing outcome, as an unfavourable ruling could potentially escalate into insolvency proceedings under IBC.