HMT Limited has informed the Exchange regarding Change in Auditors of the company.
HMT · price
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HMT Limited, a Government of India undertaking, has informed the exchanges about the appointment of its auditors for the financial year 2025-26. The Comptroller and Auditor General of India (CAG) has appointed M/s GRS M & Associates as the Statutory Auditor for HMT's corporate accounts, consolidated accounts, and the Auxiliary Business Division in Bengaluru. M/s R K Muley & Co has been appointed as the Branch Auditor for the Food Processing Machinery Division in Aurangabad and a turnkey project in Indore. Despite the headline mentioning a 'change in auditors', the filing explicitly states there is no change in auditor for either role — the same firms are being reappointed, and only their brief profiles (carried over from last year's filing) are being shared again. This is a routine, annual appointment process mandated for government companies.
No material impact on shareholders or the stock — this is a standard procedural disclosure required for PSUs. The continuity of auditors suggests no governance concerns, and investors should note there is no actual change in the audit firm despite the headline wording.