Please find enclosed herewith Outcome of the Meeting of Debenture Holders conducted by the Trustee.
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Harish Textile Engineers Ltd informed BSE about the outcome of a virtual meeting of debenture holders held on 22 December 2025, convened by Axis Trustee Services Limited. The meeting was held to discuss the delay in redemption of the company's 7% Secured, Unlisted, Unrated, Redeemable Non-Convertible Debentures (Series III and Series IV). The company joined the meeting and provided clarifications on the matters raised, but certain issues required further deliberation. It was decided that another meeting will be held next week to finalize discussions.
The delay in redeeming NCDs and ongoing restructuring discussions indicate liquidity stress and are a negative signal for existing debenture holders; retail shareholders should monitor for further updates, as failure to redeem on time could affect the company's financial credibility and credit standing.