Clarifies on News item
With reference to the news in Financial Chronicle, January 07, 2016- "It's curtains for sick HMT units", HMT Ltd has submitted to BSE a copy of Clarification is enclosed.08-01-2016
Clarifies on News item
With reference to the news in Financial Chronicle, January 07, 2016- "It's curtains for sick HMT units", HMT Ltd has submitted to BSE a copy of Clarification is enclosed.What after VRS for sick PSUs?
There needs to be a process to decide for strategic sales and/or revival; On Wednesday, the CCEA approved a VRS at 2007 pay scales for employees of HMTClarification sought from HMT Ltd
The Exchange has sought clarification from HMT Ltd with reference to the news in Financial Chronicle, January 07, 2016- "It's curtains for sick HMT units"The reply is awaited.Govt decides to shut 3 HMT units, offer VRS to employees
Govt decides to shut 3 HMT units, offer VRS to employeesThe decision to shut the units was taken at a meeting of the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi.HMT resumes operations to make last batch of watches
The firm will look to complete its order of 5,500 watches by March 2016Government moves closer to shut down 3 HMT units, Tungabhadra Steel
Government said it has submitted closure proposals related to four companies including three HMT units and Tungabhadra Steel to CCEA for approval.Govt looks to shut Tyre Corporation, HMT arm
Tyre Corporation of India (TCIL) is among the public sector units that had earlier been cleared for revival through the joint venture or disinvestment route.Clarifies on news item
With reference to news Flashed in ET NOW on November 27, 2015 - "HMT may sell 2 sick companies tyre corp, HMT unit : news rise.", HMT Ltd has submitted to BSE a copy of Clarification is enclosed.Clarification sought from HMT Ltd
The Exchange has sought clarification from HMT Ltd on November 27, 2015 with reference to news Flashed in ET NOW on November 27, 2015 - "HMT may sell 2 sick companies tyre corp, HMT unit : news rise."The reply is awaited.Financial Results for Sept 30, 2015 (Standalone)
HMT Ltd has informed BSE about the Standalone Financial Results for the period ended September 30, 2015.