HMTNSEHMT Limited· Automobiles - 4 WheelersMediumNeutral
Announced Tue, 24 Mar · 21:24 IST

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

Ceo ResignedManagement Changes View source PDF

HMT · price

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Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹58.79
prior close
₹60.35
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.8-2.6-2.6-2.2-0.5-2.9+0.5+3.2+6.3+7.7+7.2+6.5-3.1+16.5
Up moveDown movePending
AI summary

HMT Limited has informed the exchanges that Shri. Rajesh Kohli's term as Chairman & Managing Director (Additional Charge) has come to an end on 24th March 2026. He was given this additional charge by the Ministry of Heavy Industries, and his extension was tied to either his superannuation at BHEL or the joining of a regular incumbent, whichever came first. Consequently, he ceases to be the CMD of HMT Limited with effect from 25th March 2026. The disclosure was made under SEBI LODR Regulation 30. No new CMD or successor has been announced in this filing.

Likely market impact

HMT Limited is now without a permanent Chairman & Managing Director, which could create short-term leadership uncertainty. As a government-owned PSU, a new appointee is expected from the Ministry of Heavy Industries, but until then investors may watch for further updates on succession.