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HMT Ltd. ( (IN:HMT) ) has shared an announcement.
HMT Limited has announced a change in its board composition with the appointment of Ms. Nigar Fatima Husain as Government Nominee Director, effective April 27, 2026, replacing Shri Asit Gopal. The appointment follows an order from the Ministry of Heavy Industries, and the company has confirmed that she is not debarred from holding a directorship by SEBI or any other authority.
Ms. Husain is a 1996-batch Indian Defence Estates Service officer and currently serves as Additional Secretary and Financial Advisor in the Ministries of Commerce & Industry and Heavy Industries. Her extensive experience in defence land administration, vigilance, education, and minority affairs is expected to strengthen HMT’s governance and align the company more closely with broader government policy and oversight priorities.
More about HMT Ltd.
HMT Limited is an Indian public sector enterprise operating under the Ministry of Heavy Industries, with a diversified presence historically in machine tools, watches, and engineering products. The Bengaluru-headquartered company plays a strategic role in India’s industrial and capital goods ecosystem as a state-owned manufacturer and engineering solutions provider.
Average Trading Volume: 6,713
Technical Sentiment Signal: Strong Buy
Current Market Cap: 75.03B INR
See more insights into HMT stock on TipRanks’ Stock Analysis page.

