HMA Agro Industries Limited Completes Share Sale to Meet Minimum Public Shareholding Norms
HMA Agro Industries Limited has finalized a significant block deal sale of equity shares through the stock exchange mechanism. The transaction, which involved multiple promoter and related parties, was undertaken to ensure compliance with Minimum Public Shareholding (MPS) requirements.The sale involved the transfer of 3,31,81,173 equity shares of the company. The transaction, executed via an Offer for Sale between April 09, 2026, and April 10, 2026, was aimed at achieving adherence to public shareholding standards.
The primary sellers contributing to the sale include Zulfiqar Ahmad Qureshi, Mohammad Ashraf Qureshi, Mohammad Mehmood Qureshi, Gulzar Ahmad, and Wajid Ahmed. Additional participants in the sale were also noted as Gulzeb Ahmed and Parvez Alam.
The total capital associated with the transaction was reported as Rs. 50,07,69,770/- (Rupees Fifty Crore Seven Lakh Sixty- Nine Thousand Seven Hundred and Seventy Only). This figure represents the total diluted share/voting capital of the company.
The share sale details are summarized below:
| Detail | Value |
|---|---|
| Total Shares Sold | 3,31,81,173 Equity Shares |
| Total Transaction Capital | Rs. 50,07,69,770/- |
| Sellers | Zulfiqar Ahmad Qureshi, Mohammad Ashraf Qureshi, Mohammad Mehmood Qureshi, Gulzar Ahmad, and Wajid Ahmed |
| Additional Participants | Gulzeb Ahmed and Parvez Alam |
| Purpose | Compliance with Minimum Public Shareholding (MPS) requirements |
Following the sale, the stated holding of the company's shares reflected the compliance efforts of the involved parties.
HMAAGRO Stock Price Movement
Shares of HMA Agro Industries Limited slipped by 4.46% today, settling at ₹22.66. The equity finished the session on a total traded volume of 1.96 million shares.Source:
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