Shareholding11 Aug 2026, 02:41 pm
HMA Agro: Promoter Wajid Ahmed Gifts 8.5% Stake to Mohammad Kamil Qureshi
AI Summary
Wajid Ahmed, part of the promoter group of HMA Agro Industries Ltd, has transferred 4,25,75,347 equity shares, representing 8.50% of the company's total shareholding, to Mohammad Kamil Qureshi via a gift deed. This transaction, executed on March 4, 2024, is an off-market inter-se transfer between immediate relatives. The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total value of the gifted shares is approximately ₹50.07 crore based on the face value of Re.1 per share.
Key Highlights
- Promoter Wajid Ahmed gifted 8.50% stake in HMA Agro Industries.
- The transfer was made to Mohammad Kamil Qureshi via a gift deed.
- Transaction is an off-market inter-se transfer between immediate relatives.
- Disclosure filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
- Gifted shares represent 4,25,75,347 equity shares.
Price Impact
More from HMAAGRO