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Incorporated in 2008, HMA Agro Industries Limited is a food trade organization for handled food and agro products including frozen fresh buffalo meat, prepared/frozen natural products, vegetables, and cereals in India.
HMA Agro Industries' promoter group saw a significant internal share transfer. Mohammad Kamil Qureshi received ~4.26 Cr equity shares (8.50% stake) as a gift from promoter Wajid Ahmed, altering individual holdings within the group.
Hma Agro Industries Limited has informed the Exchange regarding ''.
HMA Agro divested its inactive wholly-owned subsidiary, Laal Agro Food, to promoter-group buyers for ₹0.01 Cr. Laal Agro, with a net worth of ₹1.14 Cr and no turnover, will no longer be a subsidiary. This strategic move sheds a non-material entity.
HMA Agro Industries' five promoters offloaded 3.32 Cr equity shares worth ~Rs 59.73 Cr via an Offer for Sale to meet public shareholding rules. This represents ~6.64% of the company's total equity.
HMA Agro Industries' promoters sold 3,31,81,173 equity shares via an Offer for Sale. This move, aimed at meeting Minimum Public Shareholding norms, reduced promoter stake from 81.63% to 75.00%.