This is a regulatory disclosure submitted to the BSE Limited and the National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI LODR Regulations.
The filing provides an update to a previous intimation dated March 20, 2026, regarding an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) by Haresh Petrochem Private Limited (the Applicant) against Heranba Industries Limited.
The key update is that the Applicant sought permission to withdraw its insolvency application because the matter had been settled between the parties. The Hon'ble National Company Law Tribunal (NCLT), Ahmedabad, granted this permission.
As a result, the application (registered as C.P.(IB)/90(AHM)2026) has been disposed of as withdrawn by the NCLT's final order dated June 08, 2026.
The company explicitly states that no Corporate Insolvency Resolution Process (CIRP) has been initiated against Heranba Industries Limited as a result of this application.
The disclosure confirms there is no material adverse impact on Heranba Industries Limited pursuant to this order.
The company states that it may take such necessary steps as may be advised in accordance with applicable law and will provide timely updates on any further developments.
The disclosure was signed by Abdul Latif, Company Secretary & Compliance Officer (Membership No. ACS17009).