Harish Textile Engineers Limited has filed a regulatory disclosure pursuant to Regulation 30 of the SEBI Listing Regulations and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023.
The company received a communication via email on 26th June, 2026 from the advocate representing Makharia Machineries Pvt. Ltd. The communication letter was dated 25th June, 2026 and confirmed:
- Receipt of the claimed amount from the company towards full and final settlement of the claim
- The dispute has been amicably settled between the parties
- The matter has been withdrawn
- No further claims shall be made by Makharia Machineries Pvt. Ltd. in respect of the aforesaid amount
This disclosure serves as an update to the company's earlier intimation dated 22nd June, 2026 regarding the pre-institution mediation matter.
Financial and Operational Impact
As per the annexure details:
- The matter now stands resolved and closed
- There is no further financial, operational or other impact on the company
- The settlement represents full and final resolution of all claims
Annexure Details
The company provided Annexure A with the following details:
1. Authority Details: Not applicable as matter settled amicably between parties
2. Order/Nature of Action: Communication confirming receipt of claimed amount and withdrawal of matter
3. Date of Receipt: 26th June, 2026 (received through email)
4. Violations/Contraventions: Not applicable as matter settled and withdrawn
5. Financial Impact: No further impact on the company