September 23, 2017 8:25 PM ET

Textiles, Apparel and Luxury Goods

Company Overview of HMT Watches Limited

Company Overview

HMT Watches Limited manufactures mechanical and quartz watches and watch movements. It serves customers in the Middle East, South East, and Japan. The company was incorporated in 1999 and is based in Bangalore, India. HMT Watches Limited operates as a subsidiary of HMT Ltd.

Watch Factory


Bangalore,  560031


Founded in 1999


91 80 2838 2823

Key Executives for HMT Watches Limited

Managing Director and Director
General Manager of Finance and Company Secretary
Deputy General Manager
Compensation as of Fiscal Year 2017.

HMT Watches Limited Key Developments

Land, Assets Of 5 Sick PSU Units Put Up For Sale

Land and other immovable assets of five sick public sector units including HMT Watches Limited and Hindustan Cables Limited have been put on sale as the government looks to shut the continuously loss-making units. State-owned construction firm NBCC (India) Limited (NSEI:NBCC) is auctioning the assets, which will be sold only to central and state government organizations. Land parcels and other immovable assets of five central public sector enterprises (CPSEs) -- Hindustan Cables Ltd, Instrumentation Ltd., HMT Bearings Ltd., HMT Watches Ltd and Tungabhadra Steel Products Limited are up for sale, according to information available on the NBCC''s website. NBCC''s Managing Director Anoop Kumar Mittal recently stated: "The government has taken a decision to utilize land parcels of sick PSUs. We are inviting expression of interest (EOIs) from central government departments and CPSEs as well as state government departments and state PSUs to purchase land and other immovable properties of these five companies." These properties are located in nine states -- Delhi, Gujarat, Karnataka, Maharashtra, Rajasthan, Telangana, Uttarakhand, Uttar Pradesh, West Bengal.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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