HMT NSE filing

HMT Limited Announces Striking Off and Dissolution of Subsidiary HMT Watches Limited

The RealCase readLow impact Neutral

HMT Limited's wholly-owned subsidiary, HMT Watches Limited, has been struck off from the Register of Companies effective March 2, 2026. This follows an application filed with the Ministry of Corporate Affairs. The dissolution is in compliance with the Companies Act, 2013.

Why it matters

The striking off of a subsidiary is a routine corporate action and is unlikely to have a significant financial or operational impact on the parent company, HMT Limited.

The market read

The announcement is a procedural update regarding the dissolution of a subsidiary and does not contain financial performance details or strategic business changes that would indicate a positive or negative sentiment.

HMT Limited has announced the striking off and dissolution of its wholly-owned subsidiary, HMT Watches Limited, from the Register of Companies. This action is taken under Section 248(2) of the Companies Act, 2013. The subsidiary has been officially struck off with effect from March 2, 2026. Previously, HMT Limited had communicated its intent to file an application for the striking-off of HMT Watches Limited with the Ministry of Corporate Affairs via a letter dated January 5, 2026. This announcement is made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Filing to action

What to do with a filing like this

HMT Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.

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Primary source

A plain-language summary of a public exchange filing by HMT Limited. Read the original for the full detail.

View original filing