HMA Agro Industries Ltd

HMA Agro Industries Ltd has announced a reschedule of its upcoming Board Meeting. The meeting, originally slated for November 3, 2026, at 3:30 PM, will now commence at 12:30 PM on the same day. The meeting will be conducted via Video Conferencing/Other Audio Visual Means. The agenda includes the consideration and approval of the Un-audited Standalone and Consolidated Financial Results for the quarter and six-month period ended September 30, 2026, along with the Limited Review Reports from the Statutory Auditors. All other details from the previous intimation remain unchanged.

HMA Agro Industries Ltd has announced a Board of Directors meeting scheduled for November 3, 2026, to consider and approve the un-audited standalone and consolidated financial results for the quarter and six-month period ended September 30, 2026. The meeting will also take note of the Limited Review Report from the statutory auditors. Concurrently, the 'Trading Window' for designated persons and their immediate relatives will be closed from October 1, 2026, until 48 hours after the declaration of these financial results, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

HMA Agro Industries Limited has submitted an application to BSE Limited and National Stock Exchange of India Limited for the reclassification of Mr. Wajid Ahmed from the 'Promoter & Promoter Group' category to the 'Public' category. This application follows a Board of Directors' meeting held on October 15, 2026, and is made in accordance with Regulation 31A(3) of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company is seeking approval for this change in shareholding status.

HMA Agro Industries Limited's Board of Directors has approved a request for the reclassification of Mr. Wajid Ahmed from the 'Promoter & Promoter Group' category to the 'Public' category. This decision is based on a Family Settlement Agreement and is subject to stock exchange and other necessary approvals. The outgoing promoter does not hold any equity shares or exercise control over the company, and the reclassification is not for achieving minimum public shareholding.

HMA Agro Industries Limited's Board of Directors has approved the reclassification of Mr. Wajid Ahmed from the 'Promoter & Promoter Group' category to the 'Public' category. This decision follows a request letter from Mr. Ahmed and is in accordance with a Family Settlement Agreement. The reclassification is subject to stock exchange and other necessary approvals. The Board noted that Mr. Ahmed does not hold any equity shares, voting rights, or special rights in the company and is not involved in its management.

HMA Agro Industries Limited has received a request letter from Wajid Ahmed, an outgoing promoter, seeking reclassification from the 'Promoter and Promoter Group' category to the 'Public' category. This request is made in accordance with Regulation 31A of the Listing Regulations. Wajid Ahmed stated that he holds no equity shares, exercises no control over the company's affairs, and has no representation on the Board of Directors or key managerial positions. The company will place this request before its Board of Directors for consideration and will obtain the necessary approvals. This reclassification is a significant step in the company's corporate governance structure.

HMA Agro Industries Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's code of conduct. The trading window will be shut from October 1, 2026, until 48 hours after the declaration of the un-audited financial results for the quarter and half-year ending September 30, 2026. During this period, the PANs of designated persons will be frozen by the depository (NSDL) for trading in the company's securities. The date for the Board of Directors' meeting to approve these financial results will be intimated separately.

HMA Agro Industries Ltd has announced the appointment of VAA & Associates as its statutory auditors. This appointment was approved by the company's members at the 18th Annual General Meeting held on September 18, 2026. VAA & Associates, a Chartered Accountant firm, will serve for a term of five consecutive years, commencing from the conclusion of the 18th AGM until the conclusion of the 23rd AGM. The firm has a professional team and experience in audit and assurance, taxation, and financial consultancy.

HMA Agro Industries Limited has executed a Share Sale Agreement to divest its entire shareholding in its subsidiary, FNS Agro Foods Limited. The agreement involves the sale of 8,95,593 equity shares at a consideration of ₹55.92 per share, totaling ₹5,00,81,560.56. The purchasers are members of the Company's Promoter/Promoter Group, making this a related party transaction. The divestment is conducted on an arm's length basis, with valuation determined by an independent Registered Valuer. Upon completion, FNS Agro Foods Limited will no longer be a subsidiary of HMA Agro Industries. The transaction is expected to be completed by September 30, 2026.

HMA Agro Industries Limited has approved the divestment of its entire equity shareholding in its subsidiary, FNS Agro Foods Limited. The transaction involves selling 8,95,593 equity shares, representing 100% of the company's stake, at a consideration of ₹55.92 per share, aggregating to approximately ₹5,00,81,560.56. The sale is based on a valuation by an independent registered valuer. FNS Agro Foods Limited will cease to be a subsidiary post-completion. The company clarified that this transaction does not constitute the sale of an 'undertaking' and FNS is not a 'material subsidiary', thus shareholder approval is not required. The buyers are identified as promoters/relatives of promoters. The transaction is expected to be completed by September 30, 2026.