Please find enclosed herewith Proceedings of the 15th Annual General Meeting under Regulation 30 of SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015.
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 Limited held its 15th AGM on September 30, 2025, from 11:00 a.m. to 11:27 a.m. via video conferencing, with 111 members attending (4 promoters/promoter group and 107 public shareholders) out of 9,869 shareholders on record. Six resolutions were put to vote, including adoption of FY25 audited financial statements, reappointment of Managing Director Sandeep Gandhi, ratification of cost auditor remuneration, approval of material related party transactions for FY26, appointment of D N Vora & Associates as secretarial auditors for five years (FY26–FY30), and a special resolution on borrowing powers. Notably, both the statutory auditor (K.M. Swadia & Co.) and the secretarial auditor (D N Vora & Associates) issued qualified opinions on the FY25 audit reports, citing material qualifications, observations, and adverse comments affecting the company's functioning. Voting results were to be declared within two working days.
Shareholders should note the qualified audit opinions with material qualifications/adverse comments, which signal potential governance or financial concerns. The special resolution to expand borrowing powers and approval of material related party transactions are key items that could affect future capital structure and minority shareholder interests.