HMT Ltd Company History

HMT Ltd has informed that consequent upon relinquishing of the charge of Chairman & Managing Director, Tractor, upon resignation by Mr R A Sharma on July 04, 2002 Mr M S Zahed, Director, Organisation & Management has taken additional charge of the post of Chairman & Managing Director, Tractor of the Company.

HMT Ltd has informed BSE that pursuant to Order dated January 9, 2003 from the Department of Heavy Industry, Ministry of Heavy Industries & Public Enterprises, Government of India, New Delhi, Shri M.S. Zahed, Chairman & Managing Director (Acting) and Director (Organisation & Management) has been appointed as Chairman & Managing Director of the Company for a period of 5 years from the date he assumes charge of the post or till the date of his superannuation or until further orders, whichever is earlier. Shri.M.S Zahed assumed charge of the post of January 09, 2003.

HMT enters into Memorandum of Understanding with PNB, UCO Bank and State Bank of Mysore and has launched SBM-HMTAgri Farm Scheme to promote Agriculture mechanisation

in south India.

Pinjore Unit of HMT at Chandigarh is facing a financial crisis and turnover has dropped

to 50-60cr .

Shri Naresh Chaturvedi has been appointed as a part time official Director on the

Board of Directors.

Shri Navin Kumar, Joint Secretary to GOI has been appointed as Part Time Official

Director on the Board of Directors of the company.

HMT Ltd. has informed that the equity shares of the Company have been delisted from the Bangalore Stock Exchange Limited, the Regional Exchange for HMT Limited, with effect from January 3, 2004.

HMT signs agreement with UK-based Trantor for high power tractors

HMT bags CMTI-PMT Trust Award

HMT enters into a Technology Collaboration Agreement with M/s Trantor Vehicles Ltd

HMT Ltd. enters into a Technology Collaboration Agreement with Trantor Vehicles Ltd. U.K.

Signs MoU with State Bank of India (SBI) for tractor finance

HMT inks agreement with ONGC, MRPL

HMT in dialogue with Japanese co for MUV

HMT Ltd has Shri. R Asokan, Director (Finance), Department of Heavy Industry, New Delhi has been appointed as Part-time Official Director on the Board of the Company vide Presidential Order dated October 30, 2006, with effect from October 30, 2006

Hmt Ltd. has informed that HMT (International) Limited, the wholly owned Subsidiary of HMT Limited, Bangalore, would set up Indo-Zimbabwe Technology Centre (IZTC) in Harare and India Technology Centre (ITC) in Bulawayo.

HMT Ltd has informed that the Company has established a high tech Engine Emission Testing Laboratory in R&D Centre at its Tractor Division, Pinjore at an investment of Rs 50 million.

HMT Ltd has appointed Shri. N Gokulram, Additional Secretary & Financial Adviser, Ministry of Heavy Industries & Public Enterprises, as Part-time Official Director on the Board of the Company vide Presidential Order dated January 22, 2007, with effect from January 22, 2007 and until further orders vice Shri. R Asokan, Director (Finance), Department of Heavy Industry, New Delhi.

Dr. Surajit Mitra has been appointed as Part-time Official Director on the Board of the Company vide Presidential Order F.No.5(35)/1995-PE.X (Vol.II) dated March 06, 2007, until further orders with effect from March 06, 2007.

HMT Ltd. has informed that Shri B.S. Meena has been appointed as Part-time Official Director on the Board of HMT Limited vide Presidential Order F. No. 5 (35)/ 1995- PE. X dated January 25, 2008, until further orders with effect from January 25, 2008.

Hmt ltd has appointed Shri S. Behuria, Additional Secretary & Financial Adviser to Government of India, Ministry of Heavy Industries & Public Enterprises, New Delhi, as Part-time Official Director on the Board of HMT Limited vide Presidental Order F. No. 5(35)/1995-PE.X dated October 14, 2008, until further orders with effect from October 14, 2008". Further the Company has submitted the List of Directors of the Company as on October 14, 2008.

HMT Ltd has appointed Shri S G Sridhar, General Manager (Technical), Hindustan Latex Ltd, as Director (Operations) on the Board of the Company with effect from December 15, 2008, vide Presidential Order dated October 22, 2008.

Hmt Ltd has informed that Shri Harbhajan Singh has been appointed as Part-time Official Director on the Board of the Company with effect from January 11, 2010

Shri S.G. Sridhar has been appointment as Chairman & Managing Director of the Company.

Dr. Vijay Shankar Madan has been appointed as Part-time Official Director on the Board of the Company.

Shri S. Girish Kumar, Managing Director, HMT (International) Limited has been assigned additional charge of the post of Chairman & Managing Director, of HMT Limited with effect from December 01, 2013.

Shri Subash B K has been assigned as Company Secretary as well as Compliance Officer of the Company