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Harish Textile Engineers Converts Rs 6.79 Crore Preferential Issue To Non-Cash


30 September 2026
Harish Textile Engineers Ltd.

Preferential issue cut to 10.6 lakh shares at Rs64 aggregating Rs6.79 crore from 21.23 lakh shares aggregating Rs13.59 crore, to be done entirely for non-cash consideration towards discharge of liabilities, with no cash inflow; to reduce short-term borrowings by Rs3.55 crore and creditors by Rs3.24 crore.


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