HMT Limited – Appointment of Independent Directors (NSE: HMT, BSE: 500191)

Introduction

On 17 August 2026, HMT Limited filed a statutory announcement with the National Stock Exchange of India (NSE) and BSE, notifying the appointment of two new Non‑Official Independent Directors to its Board, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Appointment

• Directors Appointed:

  • Shri Dharmender Varada
  • Smt Seema Mishra

• Effective Date: 17 August 2026

• Term: Three years from the date of the Government Order (17 August 2026) or until further orders, whichever is earlier.

• Regulatory Compliance: Both appointees are not debarred under any SEBI or other authority order and satisfy the independence criteria under the SEBI LODR framework.

Brief Profiles

Shri Dharmender Varada

• Professional Background: Chartered Accountant with extensive experience in finance, real estate, retail, hospitality, and business development.
• Education: B.Com; Chartered Accountant (All‑India Rank 31 in CA Final, 1992).
• Career Highlights:
  • Founded Novus Infra Pvt. Ltd. and Novus Constructions (real‑estate projects).
  • Led initiatives in retail, hospitality, and quick‑service restaurant (QSR) sectors.
  • Expertise in audit, financial strategy, and operational excellence.
• Other Directorships: None in listed companies.
• Disclosure of Relationships: Nil.

Smt Seema Mishra

• Age: 45 years
• Education: M.Pharm (NMIMS University, Mumbai).
• Professional Focus: Social entrepreneurship, MSME development, handloom promotion, CSR, women empowerment, and skill development.
• Key Roles & Initiatives:
  • Director, Aryawart Vision Foundation.
  • Founder, Kaswarad Art Cluster – Madhya Pradesh’s first handloom cluster under the Ministry of MSME (300+ weavers).
  • Proprietor, Maheshwari Creations – promoting authentic Maheshwari handloom.
  • Trained over 2,000 rural women; served as National Textile Consultant for a UN Skill Development Programme.
  • Initiatives: Project Siddhi (menstrual hygiene & anaemia awareness) and Second Chance Notebooks (reuse of notebook pages for government schools).
  • Co‑author of pharmacy textbooks; Chairperson of the IMC Committee of ITI Dhamnod; speaker at the G20.
• Other Directorships: None in listed companies.
• Disclosure of Relationships: Nil.

Regulatory & Compliance Notes

• The appointment follows the Government of India order dated 14 August 2026 and the company’s prior communication on the same matter.
• The board has confirmed that the newly appointed directors meet all SEBI independence and eligibility requirements.

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This announcement does not contain any financial performance data, forward guidance, or risk factor disclosures.