Promoter Group Member Acquires Shares in HMA Agro Industries Through Gift Deed
HMA Agro Industries Limited has seen an inter-se transfer of shares among members of the Promoter and Promoter Group. The transaction involves Wajid Ahmed gifting 4,25,75,347 equity shares to Mohammad Kamil Qureshi on or after August 07, 2026.The share transfer is structured as a gift deed and represents an off-market transaction, meaning no financial consideration was involved in the acquisition of the shares. This move involves two members of the Promoter Group.
Mohammad Kamil Qureshi will acquire 4,25,75,347 shares from Wajid Ahmed. This transfer equates to 8.50% of the company's share capital.
The transaction is noted as a private family arrangement intended for succession planning and streamlining the Family's assets and businesses. The aggregate holding percentage of the Promoter and Promoter Group remains unchanged before and after this inter-se transaction.
Key details of the shareholder transfer are summarized below:
| Transferor / Donor | Transferee / Donee (Acquirer) | Number of Shares Proposed to be Gifted | Percentage of Holding |
|---|---|---|---|
| Wajid Ahmed | Mohammad Kamil Qureshi | 4,25,75,347 | 8.50% |
HMAAGRO Stock Price Movement
Shares of HMA Agro Industries Limited on Friday slipped slightly, settling at ₹20.98 after the equity shed 0.10% of its previous close. This performance came during a volatile trading session that included hitting the stock’s 52-week low, with 870,634 shares traded.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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