Disclosures by listed entities of defaults on payment of interest/ repayment of principal amount for unlisted debt securities i.e. NCDs and NCRPS

Date: 31st July, 2026 BSE Limited Corporate Relationship Department, Pheroze Jeejeebhoy Tower, Dalal Street, Fort, Mumbai-400001 Scrip Code: BSE 542682 Subject: Update on Earlier Intimations regarding Delay/Default in Redemption and Payment of Interest of 7% Unlisted, Secured, Unrated, Redeemable, Non-Convertible Debentures (Old Series III & Series IV Debentures) under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2019/140 dated 21st November, 2019. Reference: 7% Unlisted, Secured, Unrated, Redeemable, Non-Convertible Debentures (Old Series III & Series IV Debentures). Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2019/140 dated 21st November, 2019 and with reference to our earlier intimations dated 07th October, 2025, 12th November, 2025, 20th December, 2025, 07th April, 2026, 08th April, 2026 and 30th June, 2026, regarding the delay/default in redemption of principal and payment of interest in respect of the Company's 7% Unlisted, Secured, Unrated, Redeemable, Non-Convertible Debentures (Old Series III & Series IV Debentures), we wish to provide the following update: The Company had discharged the entire interest liability due up to 30th June, 2026. However, owing to the continuing financial constraints being faced by the Company, the principal amount and the interest accruing on the outstanding principal amount from 01st July, 2026 onwards remain unpaid as on the date of this intimation. The delay in redemption of the outstanding principal amount is due to the ongoing financial constraints being faced by the Company. The Company continues to engage with the Debenture Holders through the Debenture Trustee and is making sincere efforts to arrange the necessary funds for payment of the outstanding principal together with the applicable interest at the earliest. The Company remains committed to fulfilling its obligations towards the Debenture Holders and shall keep the Stock Exchange informed of any further material developments in this regard. In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2019/140 dated 21st November, 2019, please find attached the disclosure in the prescribed format as Annexure I. You are requested to take the above information on record. Thanking you, Yours faithfully, For Harish Textile Engineers Limited Sandeep Gandhi Managing Director DIN: 00941665 Place: Mumbai Annexure I Disclosure in terms of SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2019/140 dated 21st November, 2019 For unlisted debt securities i.e. NCDs: Sr. Type of disclosure Details 1 Name of the Listed entity Harish Textile Engineers Limited 2 Date of making the disclosure 31st July, 2026 3 Type of instrument with ISIN 7% Unlisted, Secured, Unrated, Redeemable, Non- Convertible Debentures (Old Series III & Series IV Debentures) ISIN: Not Applicable (Unlisted NCDs) 4 Number of investors in the security 20 as on date of default 5 Original Date of Default 07th October, 2025 / 20th December, 2025 6 Current default amount (Principal in Principal: Rs. 2,11,50,900 (Rs. 2.1151 Crores) INR Crore) Interest: Interest accrued and payable from 01st July, 2026 onwards on the outstanding principal amount. 7 Details of the obligation 71,030 Old Series III Debentures and 146,789 Series IV Debentures, being Secured, Unlisted, Unrated, Redeemable Non-Convertible Debentures, were issued on 21st September, 2022 with a tenure of 3 years, carrying interest at the rate of 7% per annum, payable half-yearly on 30th September and 31st March every year. The due dates for redemption were extended from time to time in accordance with the applicable provisions of law and the Transaction Documents governing the Debentures. The Company had paid the entire outstanding interest due up to 30th June, 2026. However, redemption of the outstanding principal amount of Rs. 2,11,50,900 remains pending and interest accrued from 01st July, 2026 onwards has also not been paid as on the date of this disclosure. 8 Total amount issued through debt 4.232 (Issued in Four Series) securities (in INR crore) Series Amount Status of issue (in INR Crore) I 0.9278 Redeemed on respective due date II 1.1261 Redeemed on respective due date III 0.7103 Partially redeemed (Rs. 0.0631 Crores). Default in redemption of remaining Rs. 0.6472 Crore, which was due on 07th October, 2025 IV 1.467 Default in redemption of Rs. 1.4679 Crores, which was due on 20th December, 2025 9 Total financial indebtedness of the 30.25 listed entity including short-term and long-term debt (in INR crore) 10 Estimated impact on the listed The Company is facing financial constraints which have entity affected its ability to meet certain payment obligations. The Company continues to take necessary steps to address the situation. For Harish Textile Engineers Limited Sandeep Gandhi Managing Director DIN: 00941665 Place: Mumbai