Harish Textile Engineers Limited has provided an update on ongoing proceedings before the Hon'ble National Company Law Tribunal (NCLT) Mumbai regarding a petition filed by creditor M/s. Kamlesh Corporation. The company received the Order Sheet of Hearing on March 19, 2026, from the official NCLT Mumbai Bench website.

NCLT Order Details

The Hon'ble Tribunal has taken several key actions in the matter. The tribunal recorded the completion of service upon the company and noted that Harish Textile Engineers had filed its reply with a delay. Despite the delayed filing, the tribunal allowed condonation of delay subject to specific conditions.

Financial and Operational Impact

The tribunal's order has limited immediate financial impact on the company. The primary monetary obligation is the payment of Rs. 50,000 as directed by the tribunal. The company has stated that there is no other material impact at this stage of the proceedings.

Company Response and Next Steps

Harish Textile Engineers has acknowledged the tribunal's order and confirmed its intention to comply with all directions. The company is seeking legal advice and will attend the scheduled hearing on April 14, 2026. This disclosure follows the company's earlier intimations dated December 12, 2025, and January 13, 2026, regarding the same petition.

The company has provided this update in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The matter involves alleged outstanding dues to M/s. Kamlesh Corporation, and the company will respond accordingly at the scheduled hearing in consultation with its legal counsel.

Harish Textile Engineers Limited has disclosed receiving a statement of claim for Rs 97.59 lakh from M/s. Deep Industries in ongoing arbitration proceedings under the Micro, Small and Medium Enterprises Development Act, 2006. The company made this disclosure on 19th March, 2026, pursuant to Regulation 30 of the SEBI Listing Regulations.

Arbitration Claim Details

The statement of claim was received on 18th March, 2026, through the advocate of M/s. Deep Industries. The arbitration proceedings are being conducted before the Micro and Small Enterprises Facilitation Council (MSEFC) in Ahmedabad, Gujarat, under Section 18(3) of the MSMED Act 2006.

Company's Response and Legal Position

Harish Textile Engineers is currently examining the contents of the statement of claim in consultation with its legal advisors. The company has stated it will take appropriate steps in accordance with applicable laws and within prescribed timelines. The legal team is also reviewing the interest calculations as claimed by M/s. Deep Industries.

Background and Previous Disclosures

This disclosure represents a continuation of earlier intimations made by the company regarding these proceedings. Previous disclosures were made on:

• 19th April, 2024
• 10th February, 2025
• 12th March, 2025
• 12th June, 2025
• 25th July, 2025
• 06th February, 2026

Financial and Operational Impact

The company has indicated that the financial implications, if any, will be determined based on the outcome of the arbitration proceedings. The matter remains under review with legal advisors, who are examining both the claim details and the interest calculations presented by the claimant.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023. The company has provided detailed information about the arbitration proceedings as required under the regulatory framework.