Please find enclosed herewith intimation on delay payment of interest on Unlisted Non Convertible Debentures.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Harish Textile Engineers Ltd has paid interest arrears up to 31st December 2025 (totaling Rs. 7,42,310 for Apr–Sep 2025 and Rs. 3,73,183 for Oct–Dec 2025) on 4th April 2026, resolving a previously disclosed delay. However, redemption amounts on Series-III (Rs. 0.6472 crore defaulted since 7th October 2025) and Series-IV (Rs. 1.4679 crore defaulted since 20th December 2025) remain unpaid, alongside interest for January–March 2026. The company cites ongoing liquidity constraints and is in discussions with the Debenture Trustee and NCD holders. Total outstanding NCD obligations stand at approximately Rs. 2.11 crore in redemption alone, against an original issue of Rs. 4.232 crore.
The partial interest payment provides minimal relief, but persistent default on redemption obligations and continuing arrears signal acute financial stress, raising default risk for the remaining debt holders and caution for equity investors.