Legal2 Mar 2026, 08:34 pm
HMT Watches Limited Struck-off from Register of Companies
AI Summary
HMT Watches Limited, a wholly owned subsidiary of HMT Limited, has been struck-off from the Register of Companies under section 248 (2) of the Companies Act, 2013 with effect from 02.03.2026. This decision was announced by HMT Limited in a letter dated 05.01.2026 to the Stock Exchanges, stating that they had filed an application for striking-off HMT Watches Limited with the Ministry of Corporate Affairs, Government of India. The subsidiary has been removed from the Register of Companies as of 02.03.2026.
Key Highlights
- HMT Watches Limited has been struck-off from the Register of Companies
- The decision was made under section 248 (2) of the Companies Act, 2013
- HMT Limited communicated the decision to the Stock Exchanges on 05.01.2026
- The subsidiary was removed from the Register of Companies with effect from 02.03.2026
- The decision was made following the filing of an application with the Ministry of Corporate Affairs, Government of India