HMT Limited has informed the Exchange regarding Change in Director(s) of the company.
HMT · price
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HMT Limited has informed the stock exchanges that the Ministry of Heavy Industries has approved the extension of additional charge of the post of Chairman & Managing Director (CMD) of HMT to Shri. Rajesh Kohli, who is an Executive Director at Bharat Heavy Electricals Limited (BHEL). The extension is granted beyond 30 June 2025 up to 24 March 2026, which is the date of his superannuation at BHEL, or until a regular incumbent joins, whichever is earlier. This is subject to approval from the Appointment Committee of the Cabinet (ACC). HMT continues to be led by a temporary/interim CMD arrangement rather than a permanent appointee.
This is a continuity decision and does not change the operating direction of the company. The continued interim arrangement suggests the government has not yet finalised a permanent CMD for HMT, which keeps leadership uncertainty in place for shareholders.