HMT Limited names auditors for fiscal year 2025-26

HMT Limited, a Government of India Undertaking, announced on September 24, 2025, the appointment of its auditors for the Financial Year 2025-26. M/s. GRSM & Associates, based in Bengaluru, Karnataka, will serve as the statutory auditor. Their mandate includes auditing corporate accounts and consolidated accounts of HMT and the consolidated financial statements of the HMT Group of Companies, as well as the Auxiliary Business Division in Bengaluru. This appointment continues their role, with a brief profile provided indicating their extensive experience in auditing and assurance services for a diverse clientele.

For branch operations, M/s. R K Muley & Co., from Aurangabad, Maharashtra, has been appointed as the branch auditor. Their responsibilities will cover the Food Processing Machinery Division in Aurangabad and the Turnkey Project located in Indore, Madhya Pradesh. Similar to the statutory auditor, this marks a continuation of their engagement, and their brief profile highlights expertise across various audit functions and a significant track record in banking and finance.

Both appointments were made by the office of the Comptroller and Auditor General of India. This intimation provides essential details for regulatory compliance and stakeholder information, reaffirming the company's commitment to robust financial governance.