Change in Director / Key Managerial Personnel

  • Nature of Change: Appointment of two Non-Official Independent Directors
  • Appointees:
  • Shri Dharmender Varada
  • Smt. Seema Mishra
  • Effective Date: 17 August 2026
  • Tenure: Three years from the date of Government Order dated 17 August 2026, or until further orders, whichever is earlier
  • Basis of Appointment: Pursuant to communication received from Ministry of Heavy Industries vide order dated 14th August 2026
  • Regulatory Compliance: Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Director Profiles and Qualifications

Shri Dharmender Varada:

  • Chartered Accountant (secured All India 31st Rank in CA Final examination in 1992)
  • Holds B.Com degree
  • Professional expertise in Finance, Real Estate, Retail, Hospitality and Business Development
  • Founder of Novus Infra Pvt. Ltd. and Novus Constructions
  • Specializations include Audit, Real Estate Development, Retail, and Hospitality
  • Proficient in Telugu, English and Hindi
  • Familiar with QuickBooks Accounting Software
  • Does not hold directorships in other Listed Companies

Smt. Seema Mishra:

  • Aged 45 years
  • Holds MPharma degree from NMIMS University, Mumbai
  • Social entrepreneur and MSME, handloom and CSR professional
  • Expertise in women empowerment, entrepreneurship, skill development and social impact
  • Director of Aryawart Vision Foundation
  • Founder of Kaswarad Art Cluster (Madhya Pradesh's first handloom cluster under Ministry of MSME scheme with 300+ registered weavers)
  • Proprietor of Maheshwari Creations
  • Ministry-certified ToT Trainer with experience in MSME, enterprise development, government programmes, and CSR
  • Trained 2,000+ rural women and handloom beneficiaries
  • Does not hold directorships in other Listed Companies

Eligibility and Compliance

  • Both newly appointed Independent Directors were not debarred from holding the office of Directors pursuant to any SEBI order or order of any such authority
  • Disclosure of relationship between Directors: NIL (as stated in both director profiles)

Additional Information

  • The appointment communication was signed by Kishor Shankar Kumar, AGM (Company Secretary) of HMT Limited
  • Disclosure dated 17 August 2026
  • Company Scrip Symbol: HMT