Mukta Shekhar appointed as Govt Nominee Director of HMT Limited

New Delhi: Ministry of Heavy Industries’ Joint Secretary Mukta Shekhar has been appointed as Government Nominee Director on the Board of HMT Limited. HMT Limited a Bangalore-based PSU under the Ministry of Heavy Industries.

Mukta has been appointed to the post with effect from September 4, 2023 in place of Dr Renuka Mishra, Economic Advisor, Ministry of Heavy Industries. This information has been shared by the HMT Limited in a regulatory filing to the stock exchanges on Wednesday.

Mukta is an Indian Railways Accounts Service (IRAS) officer of 1994-batch. She has completed her M Phil in Defence and Strategic Studies from University of Madras at the National Defence College, New Delhi and Masters in History from St. Stephen's College, Delhi. Her area of expertise is Financial Management and project finance. She has worked at various levels in the Indian Railways, Government of India as Financial Advisor specializing in financial appraisal and project finance.

She also worked at the Joint General Manager level in DMRC where she was the associate Finance Officer for projects of Phase-II of DMRC. She has wide experience in the Public Private Partnership area having steered fund management and other contract related activities for pioneer PPP projects of Western Railway, Ministry of Railways.

Mukta has also a varied experience in the International Cooperation arena and worked for five years in Ministry of External Affairs wherein she was looking after implementation of projects under India's Development assistance programme with other countries, Investment and Trade promotion, international arbitration disputes, investment and trade agreements, and civil aviation matters.

She also formulated modalities for innovative schemes like concessional financing packages for externally aided projects. Shekhar also worked as Joint Secretary in Department of Food, Ministry of Consumer Affairs, wherein she looked after International Cooperation which entailed interface with multi-lateral agencies, the edible oil sector, monitoring of prices of essential commodities and quality control of foodgrains procured under the Central pool stock in conjunction with other stakeholders.

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