HMT Machine Tools Limited Recruitment Managing Director August 2011

No.6/1/2010-PESB
Government of India
Public Enterprises Selection Board
(Department of Personnel & Training)
***

Block No. 14, CGO Complex, PE Bhavan
New Delhi - 110003, the 12th August , 2011
Sub: Selection for the post of Managing Director , HMT MACHINE TOOLS LIMITED
in schedule “B” of the CPSE.
The Public Enterprises Selection Board (PESB) is seeking qualified candidates for the post of Managing Director , HMT MACHINE TOOLS LIMITED in schedule “B” of the CPSE, the scale of pay of the post being Rs.12,000-14,000/-(Pre-Revised). A copy of the job description for the post is enclosed.
2. It is requested that names of candidates seniority-wise who are found suitable for the said post as per the requirements indicated in the job description alongwith their up-to-date bio-data (in the prescribed form) duly endorsed may kindly be forwarded to PESB by 4th October, 2011. It is also requested that advance action may be taken to keep the ACRs for last 5 years, of those candidates ready alongwith their latest vigilance profile [(i) penalty imposed, if any during the last 10 years (ii) details of disciplinary action initiated/being initiated if any, etc.] to be furnished as and when the selection meeting is scheduled.
3. In case the relevant details are not received within the stipulated time, it will be assumed that there are no eligible candidates to be sponsored for the post.
( VEDANTAM GIRI )
DIRECTOR TEL NO. 24362936
1. All Chief Executives of other Central PSUs (including subsidiaries) for circulation among the eligible candidates.
2. All Chief Secretaries of State Govt.s /UT’s (for circulating the vacancy among Govt.Officers and State PSU’s)
No. 6/1/2010-PESB
भारत सरकार
Government of India ऱोक उद्यम चयन बोर्ड
Public Enterprises Selection Board (कार्मडक एवं प्रर्िक्षण ववभाग)
(Department of Personnel and Training) Block No.14, C.G.O. Complex, Lodhi Road New Delhi - 110003
ऩी.एस.यू. का नाम
NAME OF THE PSU
: एचएमटी मिीन टूल्स र्ऱर्मटेर्
: HMT MACHINE TOOLS LIMITED (HMT-MT)
ऩद का नाम
NAME OF THE POST
: प्रबंध ननदेिक:
MANAGING DIRECTOR
ररक्ति की तारीख
DATE OF VACANCY
: 20-07-2011
सी.ऩी.एस.ई. की अनुसूची
SCHEDULE OF THE CPSE
: ‘B’ / ‘बी’
ऩद का वेतनमान
SCALE OF THE POST
: Rs. 12,000-400-14,000/- (Pre-revised/ऩूवड संिोधधत
1. COMPANY PROFILE:
HMT Machine Tools Limited (HMT-MT) is a wholly owned subsidiary company of HMT LTd. was incorporated under the Indian Companies Act, 1956 as a part of restructuring plan of HMT with the objective of providing manufacturing solutions and manufacturing/marketing of machine tools. It is a Schedule – ‘B’/BIFR referred CPSE in Medium and Light Engineering sector under the administrative control of Department of Heavy Industry, Ministry of Heavy Industries & Public Enterprises.
The authorized and paid up capital of the Company was Rs. 800 crores and Rs. 719.60 crores (including share application money of Rs.703.90 crores in respect of equity and preferential share capital) respectively as on March 31, 2010.
Its Registered and Corporate office are at Bangalore, Karnataka.
The shareholding of the HMT Limited in the company is 100%.
2. JOB DESCRIPTION AND RESPONSIBILITIES:
Managing Director is the Chief Executive of the Corporation and is accountable to the Board of Directors and Government of India. He is responsible for the efficient functioning of the Corporation for achieving its corporate objectives and performance parameters.
3. ELIGIBILITY
I. AGE: On the date of occurrence of vacancy:.
(i) Minimum 45 years.
(ii) Not more than 56 years for internal candidates and
not more than 55 years for others.
The age of superannuation is 58 years.
II. QUALIFICATION AND EXPERIENCE:
The incumbent should be an graduate with good academic record from a recognised university. He should possess adequate experience at a senior level of management in a large organisation of repute.
Persons with Technical/MBA qualifications and having experience in management and familiarity with Finance, Marketing/Production will have added advantage. Knowledge of Machine Tools be desirable.
Provided that minimum qualification is relaxable in the case of internal candidates with sound and adequate background and experience.
III. PAY SCALE/TURNOVER:
(a) Central Public Sector Executives.
Executives holding posts in the pay scale of:
(i) Rs. 7250-8250/-(pre 1.1.1992 scale) with
(ii) Rs. 9500-11500/-(post 1.1.1992 scale) Industrial
(iii) Rs. 20500-26500/- (post 1.1.1997 scale) DA
(iv) Rs. 51300-73000/- (post 1.1.2007 scale)
or
(v) Rs.18400-22400 with Central DA.(pre-revised)
(vi) Rs.37400-67000 with Grade Pay of Rs.10,000/- (Revised 1.1.2006)
The minimum length of service required in the eligible scale will be one year for internal candidates, and two years for others as on the date of vacancy.
(b) State Public Sector Executives
Executives working in companies where the annual turnover is in excess of Rs. 100 crore.
(c) Private Sector Executives
In order to apply Private Sector Executives must fulfill all the three criteria listed below:
(i) they should be working in companies where the annual turnover is in excess of Rs.100 crore;
(ii) they should be working in private companies listed on the Stock Exchange; and
(iii) they should be working at a Board level position or reporting directly to a director on the Board i.e. one level below Board level.
(d) Government Officers
Provided that notwithstanding the qualifications and experience prescribed, officers of the level of Joint Secretary in Govt. of India or on equivalent scale of pay or Major General in the Army or equivalent rank in Navy/Air Force, on the date of vacancy with adequate experience in the relevant field will be eligible for consideration on immediate absorption basis.
4. DURATION OF APPOINTMENT
The appointment shall be for a period of five years or upto the date of superannuation whichever is earlier.
5. SUBMISSION OF APPLICATIONS
Prospective candidates from the Central Public Sector and Government officers shall send their applications, through proper channel, in the format at Annexure I.
State Public Sector Executives/Private Sector Executives shall submit their applications, in the format at Annexure II, alongwith
(i) a write up on the significant contributions made by them during their present/past assignments and their suitability for the post.
(ii) the annual report for the last audited financial year, or annual turnover figures duly certified by the Company Secretary/CFO.
(iii) The applications for various categories of the officers are routed through proper channel as follows:
a) for Government Servants through Cadre Controlling authority.
b) For CMD’s/MD’s/Director’s in CPSE, the concerned administrative Ministry.
c) For below Board level in CPSE, the concerned CPSE.
d) For CMD/MD in State PSE, State Government.
e) State PSE/State Joint Venture, the concerned SPSE
State Public Sector Executives must route their applications through proper channel.
6. CERTIFICATION BY CANDIDATE:-
a) Candidate has to submit his/her willingness for the post at the time of interview itself clearly stating that he/she will join the post, if selected. If any candidate, does not initially give his/her willingness, he/she will not be interviewed.
b) If any of the candidates who appeared for the interview and is selected by the PESB, gives his/her unwillingness after the interview is held, but before the appointment is processed, would be debarred for a period of two years for being considered for a Board level post in any PSE other than the one to which the candidate belongs.
c) If any candidate gives his/her unwillingness after the issue of offer of appointment, he/she would be debarred for a period of two years from the date of offer of appointment from being considered for a Board level post in any PSE other than the one to which the candidate belongs.
d) In the above cases, no request for relaxation or otherwise would be entertained.
In addition to the above, Private Sector Executives must submit the following documents alongwith the application form.
(i) Attested copies in support of age and qualifications;
(ii) Annual Reports of the Company for the last 5 years;
(iii) Evidence of listing on the Stock Exchange;
(iv) Evidence of working at Board level or reporting directly to a director on the Board i.e. one level below Board level;
(v) The details of Job handled in the past with details/particular references.
Annexure-I and Annexure-II may be downloaded from the website of PESB.
Last date of receipt of applications in PESB is 4th OCTOBER, 2011. No application shall be entertained under any circumstances after the stipulated date. Incomplete applications are liable to be REJECTED.
Board reserves the right to shortlist candidates for interview.
Applications are to be addressed to Dr. P. S. Behuria, Secretary, Public Enterprises Selection Board, Public Enterprises Bhawan, Block No. 14, CGO Complex, Lodhi Road, New Delhi-110003.
ALL CORRESPONDENCE WITH THE PUBLIC ENTERPRISES SELECTION BOARD SHOULD BE ADDRESSED TO SECRETARY, PUBLIC ENTERPRISES SELECTION BOARD ONLY

Source:- http://www.pesb.gov.in/Vacancy/HMT%28MT%29-MD-12-8-2011.pdf