Harish Textile Engineers Ltd has informed the stock exchanges that the National Company Law Tribunal (NCLT), Mumbai Bench, has reserved its judgment on an insolvency petition filed by Kamlesh Corporation. The tribunal declined to grant any further adjournment in the matter and proceeded to hear the submissions of the applicant, Kamlesh Corporation. The order dated July 10, 2026, was uploaded on the NCLT website on July 21, 2026, and came to the company's knowledge on the same day.

The petition was filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, regarding alleged outstanding operational dues payable by the company. The Hon'ble NCLT recorded that the reply filed by the company would be considered while disposing of the matter. Consequently, the tribunal reserved the matter for orders.

In a regulatory filing, the company stated that there is no material impact on its financial, operational, or other activities at this stage. The management noted that any financial impact would depend upon the final outcome of the proceedings and is presently not ascertainable. The company intends to take appropriate legal steps based on the outcome and will make further disclosures as required under applicable laws.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Sandeep Gandhi, Managing Director of Harish Textile Engineers Ltd.

Key Details of the NCLT Proceeding

Harish Textile Engineers has received a notice for pre-institution mediation from the Mediation Centre, CBD Belapur, Navi Mumbai, regarding a commercial dispute filed by Vashi Integrated Solutions Limited. The notice directs the company, along with its Directors and Chief Financial Officer, to appear for mediation proceedings on August 1, 2026. The company stated that the matter does not currently have a material financial or operational impact.

The notice was issued under the provisions of the Commercial Courts Act, 2015, which governs pre-institution mediation. Vashi Integrated Solutions Limited initiated the commercial dispute against the company. The mediation proceedings are scheduled to commence at 11:00 A.M. on the specified date.

The company received the communication on July 21, 2026, via post. The disclosure was made to the stock exchange in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Mediation Notice

The following table outlines the key particulars of the regulatory disclosure:

Sandeep Gandhi, Managing Director of Harish Textile Engineers, signed the disclosure submitted to the exchange.