HMT LIMITED : FOREST DEPT ORDERS HANDOVER OF 430 ACRES LAND

• Deputy Conservator of Forests, Bengaluru ordered to hand over 430 acres 21.853 guntas of land to the Company. • Land was granted, conveyed, and gifted by the Government of Karnataka to Hindustan Machine Tools Limited (now HMT Machine Tools Limited). • Karnataka Forest Department suggested appealing before the Conservator of Forest. • This subject matter is already sub judice before the Supreme Court. • Company is taking necessary legal actions to protect its interests. Impact: Neutral (Administrative filing regarding land transfer dispute and ongoing legal proceedings.)

HMT Limited

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