HMT Ltd Faces Land Handover Order for 430 Acres

HMT Ltd has been ordered by the Deputy Conservator of Forests, Bengaluru, to hand over 430 acres and 21.853 guntas of land. This land was originally granted, conveyed, and gifted by the Government of Karnataka to M/s. Hindustan Machine Tools Limited (now HMT Machine Tools Limited) and the company has paid all transactional amounts and is in possession. The Karnataka Forest Department has suggested an appeal to the Conservator of Forest. This matter is already sub judice before the Supreme Court, and HMT Ltd is taking all necessary legal actions to protect its interests.