Harish Textile Engineers Limited passed all seven resolutions proposed at its 16th Annual General Meeting held on September 30, 2026. The scrutinizer's report, submitted on October 1, 2026, confirmed that every item received the requisite majority of votes.

The meeting was conducted through Video Conferencing and Other Audio-Visual Means, adhering to regulatory guidelines for virtual assemblies. The proceedings commenced at 11:09 am and concluded at 11:27 am. A total of 63 members participated in the meeting via the digital platform. The number of shareholders as on the record date of September 23, 2026, stood at 9,816.

Resolution highlights and voting outcomes

The Board placed several items before the members for approval. These included the adoption of audited standalone financial statements for the year ended March 31, 2026, and the appointment of Mr. Sunil Narayan Bhirud as a Director liable to retire by rotation. Other key resolutions involved the ratification of remuneration payable to the Cost Auditor for FY27 and the approval of material related party transactions for FY27.

Additionally, the members were asked to approve the appointment of CS Khushal Bherulal Bajaj as Secretarial Auditors for a five-year term spanning FY27 to FY31. A special resolution sought approval for a revision in the remuneration of Chief Financial Officer Mr. Pinkesh Upadhyay. The meeting also covered approval for material related party transactions with a proposed subsidiary company.

The voting results indicate strong support from the promoter group, which holds 1,606,144 shares out of the total outstanding equity of 3,336,000. Promoter votes were excluded from specific resolutions where they were deemed interested parties, such as the related party transactions (Items 4 and 7) and the CFO remuneration revision (Item 6).

Participation details

The voting process was facilitated by National Securities Depositories Limited. Remote e-voting was open from September 25, 2026, to September 29, 2026. Voting results and the consolidated Scrutinizer’s Report are to be declared within statutory timelines and published on the company website.

Governance and attendance

Mr. Sandeep Gandhi, Chairman and Managing Director, chaired the meeting. Directors present included Mr. Sunil Bhirud, Executive Director, and Mr. Ashwini Gupta, Independent Director. Mrs. Bhavna Brahmhatt, Independent Director, was absent due to unavoidable circumstances.

Key managerial personnel and auditors attended the session. Mr. Pinkesh Upadhyay served as Chief Financial Officer. Representatives from K. M. Swadia & Co. (Statutory Auditors), D N Vora & Associates (Secretarial Auditors and Scrutinizer), Ravi H. Dasija & Co. (Internal Auditor), and Y S Thakar & Associates (Cost Auditor) were present. Ms. Dipali Vora acted as the Scrutinizer for the e-voting process.

Harish Textile Engineers Limited settled a customs liability by paying ₹21,981 to the Assistant Commissioner of Customs (Export) in Mumbai. The payment, made on September 24, 2026, complies with an Order-in-Original and closes the matter.

The company disclosed the settlement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The order originated from the Air Cargo Complex in Mumbai, referencing file number F No. CUS/DBK/MISC/5774/2022-23 DBK (XOS).

Settlement details

The regulatory filing confirms that the specific violation or contravention was resolved through the full payment of the assessed amount. The company stated that the matter stands complied with and closed following the transaction.

The disclosure references an earlier intimation dated February 19, 2024, indicating the proceedings had been ongoing prior to this final settlement. The Managing Director, Sandeep Gandhi, signed the digital submission confirming the compliance.