The Appointments Committee of Cabinet has approved extension of additional charge of the post of CMD, HMT Ltd, assigned to Kumar, Managing Director, HMT International Limited for a further period of six months with effect from March 1, 2016 or till the appointment of a regular incumbent, an order issued by Department of Personnel and Training said.
The HMT Ltd was incorporated in 1953 by the Government of India as a machine tool manufacturing company. Over the years it has diversified into watches, tractors and printing machinery, among others.