HMT Fined ₹1.71 Lakh Each by BSE, NSE

Date: July 01, 2026

Regulatory Compliance Disclosure

HMT Limited has received notices from both BSE Limited and National Stock Exchange of India Limited (NSE) imposing fines of ₹1,71,100 each (inclusive of GST) for non-compliance with Regulation 33 of SEBI (LODR) Regulations, 2015. The fine pertains to the quarter and year ended March 31, 2026, specifically for non-submission of financial results within the prescribed period. The fine amount increases every day until compliance is achieved.

Compliance Status and Waiver Process

The company is in the process of applying for waiver of the imposed fines as per the provisions of SOP Circular issued by the stock exchanges. This application will be made after achieving compliance with the regulation.

Reason for Delay

HMT Limited and its subsidiaries have units across India, and the consolidation of accounts and audit at various units are at an advanced level of completion. The company was not in a position to submit Audited Financial Results (both Standalone and Consolidated) for the quarter and financial year ended March 31, 2026 by the deadline of May 30, 2026.

Current Efforts

Efforts are being made to submit the financial results at the earliest possible date. The company is working to complete the consolidation and audit processes across its various units.