Please find enclosed herewith intimation under regulation 30 of SEBI (LODR) Regulations, 2015
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Harish Textile Engineers Limited has disclosed under SEBI Regulation 30 that it received an application dated 23 July 2025 from M/s. Deep Industries, forwarded via email on 24 July 2025. M/s. Deep Industries, registered as a Micro or Small Enterprise under the MSMED Act, 2006, has approached the Micro and Small Enterprises Facilitation Council (MSEFC), Ahmedabad, seeking termination of conciliation proceedings and initiation of arbitration under Section 76(d) of the Arbitration and Conciliation Act, 1996. The dispute relates to an alleged delayed payment owed by the company to Deep Industries. The company states it is reviewing the matter with its legal advisors and will file an appropriate response, while asserting there is currently no financial, operational, or other impact on its activities.
This is a regulatory disclosure about a pending arbitration claim from a small vendor over alleged delayed payment. The company says there is no immediate financial or operational impact, but the matter could lead to a financial outflow if the claim is upheld, and investors should watch for further updates on the outcome.