HMTNSEHMT Limited· Automobiles - 4 WheelersMediumNeutral
Announced Fri, 18 Jul · 12:38 IST

HMT Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

HMT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

HMT Limited has appointed Shri. Prem Chandra Maurya, Joint Secretary in the Ministry of Heavy Industries, as a Government Nominee Director on its Board, effective 17th July 2025. He replaces Dr. Renuka Mishra, who was the previous Government Nominee Director from the same ministry. Shri. Maurya is a 1995-batch Indian Revenue Service officer with 29 years of experience in tax administration and investigation, and he already holds directorships in several other government companies including HMT Machine Tools, HMT Watches, and HMT International. As HMT is a central public sector undertaking under the Ministry of Heavy Industries, this is a routine administrative change.

Likely market impact

This is a standard government nominee director rotation in a PSU and is not expected to have any material impact on the company's operations, strategy, or stock price.