Mohammad Kamil Qureshi Acquires 8.50% Stake in HMA Agro Industries Limited via Gift Transfer
HMA Agro Industries Limited announced a significant inter-se share transfer, as Mohammad Kamil Qureshi acquired 4,25,75,347 equity shares of the company from Wajid Ahmed. The transaction, which took place on August 7, 2026, involved the acquisition through a gift of shares out of natural love and affection among members of the promoter group.The shares acquired by Mohammad Kamil Qureshi represent 8.50% of the total equity shares in HMA Agro Industries Limited. As this was a transfer via gift without consideration, there was no financial consideration associated with the acquisition.
Details of the share movement between the parties are provided below:
| Shareholding | Wajid Ahmed (Seller/Transferor) | Mohammad Kamil Qureshi (Acquirer) |
|---|---|---|
| Before Transaction Shares | 4,25,75,347 | 0 |
| Pre-Transaction Percentage | 8.50% | 0.00% |
| After Transaction Shares | 0 | 4,25,75,347 |
| Post-Transaction Percentage | 0.00% | 8.50% |
The transaction is classified as an inter-se transfer among promoters and immediate relatives of the company. The disclosure confirmed that both before and after this specific inter-se transfer, the aggregate holding of the Promoter and Promoter Group remained unchanged.
A detailed look at the holdings of the promoter group members confirms the following:
| Person Acting in Concert | Pre-Transaction Holding (Number) | Post-Transaction Holding (Number) |
|---|---|---|
| Zulfigar Ahmad Qurashi | 8,51,64,001 | 8,51,64,001 |
| Gulzar Ahmad | 6,08,97,987 | 6,08,97,987 |
| Parvez Alam | 1,65,99,240 | 1,65,99,240 |
| Mohammad Ashraf Qureshi | 8,51,64,001 | 8,51,64,001 |
| Wajid Ahmed | 4,25,75,347 | 0 |
| Mohammad Mehmood Qureshi | 8,51,64,001 | 8,51,64,001 |
| Gulzeb Ahmed | 12,750 | 12,750 |
| Mohammad Kamil Qureshi | 0 | 4,25,75,347 |
The combined total holding of the Promoter Group was 37,55,77,327 shares pre-transaction and remained 37,55,77,327 shares post-transaction.
HMAAGRO Stock Price Movement
On Friday, shares of HMA Agro Industries Limited surged in the market, closing at ₹22.23 after gaining 5.11% on robust buying activity. The stock's session performance was tightly constrained, maintaining a trading range between a low of ₹20.80 and a high of ₹22.54.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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