- HMT Limited (NSE: HMT, BSE: 500191) announced the appointment of two Non‑Official Independent Directors on 17 August 2026.
- Shri Dharmender Varada – Chartered Accountant (All‑India CA Final rank 31), founder of Novus Infra Pvt. Ltd. and Novus Constructions; Smt Seema Mishra – 45‑year‑old social entrepreneur, founder of Kaswarad Art Cluster (over 300+ weavers) and trainer of 2,000 rural women.
- Both directors will serve for three years from the appointment date (or until earlier notice) and satisfy all SEBI independence and eligibility requirements.
- Neither has any other listed‑company directorships or disclosed related‑party relationships.
The appointment of two independent directors is expected to be seen as a modest governance boost for HMT, likely nudging the share price slightly higher with limited upside. Confidence in this view is moderate given the lack of strong market-moving precedent.
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