Please find enclosed herewith intimation under regulation 30 of SEBI LODR for Receipt of Notice for Pre-Institution Mediation.
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 received a notice from the Mediation Centre, Taluka Legal Services Committee, Vapi, for pre-institution mediation in a commercial dispute filed by Marudhar Refractories (PIMS No. 157/2025). The company and its directors have been asked to appear on 15th December 2025 at Vapi for the mediation proceedings. The dispute is commercial in nature and falls under the Commercial Courts Act framework. The company has stated there is currently no material financial or operational impact from this matter.
At this stage, the matter is only at the pre-institution mediation stage with no material financial impact, so shareholders are unlikely to see immediate effects. However, the outcome of the mediation could potentially lead to litigation and financial impact if not resolved amicably.