HMT - Updates
HMT Ltd has informed BSE that the Company has a Joint Venture (JV) in Nigeria by name Nigeria Machine Tools Ltd, established during 1981 in which the Company had invested 15% of Equity and the balance 85% by Nigerian Government. Subsequent to the establishment of the joint venture company, the Nigerian Government has infused funds for its operations in the form of loan, which the Bureau of Public Enterprises of Nigerian Government decided to convert... HMT - Updates
HMT Ltd has informed BSE that HMT Watches Ltd, the wholly owned Subsidiary of the Company, has appointed M/s. Godrej & Boyce Manufacturing Company Ltd, Prima Division, as National Distributors for the products of HMT Watches Ltd and has entered into an agreement with them in this regard. As per the terms of the agreement, M/s. Godrej & Boyce Manufacturing Company Ltd would be distributing the products of HMT Watches Ltd on an all India basis. HMT - Updates
HMT Ltd has informed BSE that the Company being a Government Company, all the Directors are to be appointed by the Government (President of India). The Company has taken necessary action, especially with regard to the composition of the Board with 50% Independent Directors, well in advance of the stipulated time i.e. December 31, 2005, and accordingly two Part-time Non-Official (Independent) Directors were appointed by the Government during October, 2005.... HMT announces Q3 results
HMT Ltd has announced the following unaudited results for the quarter ended December 31, 2005:The Company has posted a net loss of Rs 14.50 million for the quarter ended December 31, 2005 as compared to net profit of Rs 30.20 million for the quarter ended December 31, 2004. Total Income has decreased from Rs 760.00 million in Q3-05 to Rs 655.90 million for the quarter ended December 31, 2005. HMT - Q3 results on Jan 16, 2006
HMT Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on January 16, 2006, to consider and take on record the Unaudited Financial Results (Provisional) of the Company for the quarter ended December 31, 2005 (Q3), along with the "Limited Review" by the Auditors. HMT - Outcome of Board Meeting
HMT Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 09, 2005, inter-alia, has deliberated on the decision of the Government of India regarding the merger of M/s Praga Tools Ltd, Secunderabad, a Subsidiary of the Company, with the Company.Further the Company has informed that considering the various implications and other related issues involved, the Board of Directors decided to immediately... HMT - Appointment of Directors
HMT Ltd has informed BSE that Dr. Saibal Kanti Gupta and Shri. S S Sharma have been appointed as Part-time Non-Official Directors on the Board of the Company vide Presidential Order dated October 31, 2005, for a period of three years with effect from November 09, 2005. HMT announces Q2 results
HMT Ltd has announced the following unaudited results for the quarter ended September 30, 2005:The Company has posted a Net Loss of Rs 73.80 million for the quarter ended September 30, 2005 as compared to a Net Profit of Rs 1.10 million for the quarter ended September 30, 2004. Total Income has decreased from Rs 583.40 million in Q2-05 to Rs 477.30 million for the quarter ended September 30, 2005. HMT - Q2 results on Nov 09, 2005
HMT Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 09, 2005, inter alia, to consider and take on record the Unaudited Financial Results (Provisional) of the Company for the quarter and half year ended September 30, 2005 (Q2) along with the Limited Review by the Auditors. HMT - Board Meeting on Nov 09, 205
HMT Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 09, 2005, inter alia, to consider the decision of the Government of India regarding the merger of M/s. Praga Tools Ltd, Secunderabad a subsidiary of the Company, with the Company.