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HMT Ltd (Hindustan Machine Tools) is a Central Public Sector enterprise of the GoI under the department of heavy industries. It is involved in manufacture of food processing machinery, machine tools, exports & Imports and projects and services for international clients.
HMT reported a significant full-year consolidated loss of ₹131.54 Cr, with net worth entirely eroded. Auditors issued a qualified opinion on the financials, citing widespread issues including inventory valuation, unsettled statutory dues, and unconfirmed receivables.
HMT Limited has informed the Exchange regarding 'Outcome of Board Meeting Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'.
HMT Limited has appointed Shri. Prem Chandra Maurya, Joint Secretary, Ministry of Heavy Industries (MHI), as a Government Nominee Director on its Board. This appointment is effective immediately and replaces Dr. Renuka Mishra. This operational change updates the company's board composition.
HMT Limited has announced a board meeting and appointed Shri Datania Dineshbhai Ramjibhai as a Non-Official Director for three years. This addition strengthens the board’s leadership as the company continues its strategic oversight. No operational or financial impacts were disclosed.
HMT Limited has announced a board meeting to review the financial results for the quarter and half-year. The company is facing delays in finalizing audited standalone and consolidated financials due to ongoing consolidation and auditing across subsidiaries. No new operational or business updates were shared.