The Board inter alia, considered and approved the Standalone Unaudited Financial Results of the Company for the first quarter ended 30th June, 2026 together with the Limited Review Report ....

HARISH TEXTILE ENGINEERS LIMITED CIN No.: L29119MH2010PLC201521 Date: 14" August, 2026 BSE Limited Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai-400001 Scrip Code: BSE 542682 Company Name: Harish Textile Engineers Limited me of Board Meeting held on 14 August, 2026, pursuant to Regulation 30 of the SEBI ions and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, With reference to the above subject and pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (“Listing Regulations”), we hereby inform you that at the meeting of the Board of Directors of the Company held today i.e. on Friday, 14t August, 2026 at the registered office of the Company at 2" Floor, 19 Parsi Panchayat Road, Andheri (East), Mumbai-400069, the Board inter alia, considered and approved the Standalone Unaudited Financial Results of the Company for the first quarter ended 30t June, 2026 together with the Limited Review Report of the Statutory Auditors, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In this connection, please find enclosed herewith the following: 1. Unaudited Financial Results (Standalone) of the Company for the first quarter ended 30t June 2026. 2. Copy of the Limited Review Report submitted by the Statutory Auditors of the Company, M/s K M Swadia and Company, Chartered Accountants, for the first quarter ended on 30t June, 2026. Further, in continuation of our letter dated 25 June, 2026 and in terms of the Harish Textile Engineers Limited Code of Business Conduct and Code to Regulate, Monitor and Report Trading by Designated Persons, the trading window for insiders is already closed with effect from 015t July, 2026 and shall continue to remain closed till 48 (Forty-Eight) hours after the dissemination of the Unaudited Financial Results of the Company for the first quarter ended 30t June, 2026 (both days inclusive). The meeting commenced at 03:30 p.m. and concluded at 06:40 p.m. You are requested to kindly take the above information on record. Thanking you, Yours faithfully, For Harish Textile Engineers Limited Sandeep Gandhi Managing Director DIN: 00941665 Place: Mumbai Encl: As above Regd. Office: 19, Parsi Panchayat Road, 2nd Floor, Andheri (East), Mumbai - 400 069. Maharashtra, India. Tel.: +91 66490251 Email: info@harishtextile.com www.harishtextile.com K M Swadia & Company Chartered Accountants Independent Auditor’s Review Report on Quarterly Unaudited Financial Results of Harish Textile Engineers Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Limited Review Report on Quarterly Financial Results. To the Board of Directors of Harish Textile Engineers Limited. 1. We have reviewed the accompanying statement of unaudited financial results of Harish Textiles Engineers Limited (“the Company”), for the quarter ended 30.06.2026 (“the Statement”) submitted by the Company being pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. This Statement, which is the responsibility of the Company’s Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and an analytical procedure applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 4. Basis for qualified conclusion: a. We draw attention to Note 7 to the financial results, which describes extensions of timelines/defaults in repayment of debenture obligations/the Event of Default for redemption of debenture. The Company has failed to meet its redemption payment obligation on its 7% Unlisted, Secured, Unrated, Redeemable, Non-Convertible Debentures ("NCDs") - Old Series-III and New Series-IV, which were due for redemption on October 07, 2025 and December 20, 2025 respectively. The principal amount due was INR 64.72 Lakhs in respect of Old Series-IIT and INR 146.79 Lakhs in respect of New Series-IV. The interest on the said Non-convertible Debenture series III and IV has been paid till 30® June 2026. The Company has received a Notice of “Event of Default” dated November 11, 2025 from Debenture Trustee, Axis Trustee Services Limited. The Debenture Trustee has notified the Company of its intent to initiate enforcement proceedings. Further, the Debenture Trustee has called upon the Company to repay aggregate dues amounting to INR 211.51 Lakhs plus interest till December 31, 2025, payable to the Old Series III and New Series IV Debenture Holders. 314, Shriram Chambers, R.C.Dutt Road, Vadodara 390 005. Phone No — (0265) 2314384 E-mail: office@kms.net.in Chartered Accountants The financial results have not been adjusted to reflect the full impact of this breach, and in the absence of a complete assessment by the Management, we are unable to quantify the consequential impact on the financial position of the Company. b. We have not been able to validate the computation of interest liability provided of Rs 95.75 lakhs in the financial statement for the MSME vendors under the MSMED Act, in the absence of adequate audit evidence to establish the amounts payable to the vendors on account of interest on their outstanding dues. As a result, we are unable to quantify the consequential impact on the financial position of the Company. c. The Company has not quantified the impact of non-reversal of input tax credit pertaining to suppliers unpaid beyond 180 days as required under Section 16(2) of the CGST Act, 2017 read with Rule 37 of the CGST Rules. In the absence of such quantification, we are unable to determine the extent of overstatement of input tax credit and understatement of statutory liabilities and related interest, if any. 5. Based on our review conducted as stated in paragraph 3 above, except for the effects of the matter described in para 4 “Basis for qualified conclusion”, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. Material Uncertainty Related to Going Concern: ‘We draw attention to the following matter: Note 7 to the financial results, regarding extensions of timelines/defaults in repayment of debenture obligations/Notice of “Event of Default” received from Debenture Trustee, arising out of liquidity crunch faced by the Company. We further draw your attention to the fact that the net working capital of the Company is negative at the end of Period ended June 30, 2026. The current liabilities (including short ter [Showing first 8,000 characters — download PDF for full document]