HMA Agro Industries Limited has announced a significant Offer for Sale (OFS) by its promoter group, marking a notable development in the company's shareholding structure. The promoters have filed a formal notice with BSE Limited for the sale of equity shares through the stock exchange mechanism.

OFS Structure and Timeline

The offer involves the sale of 3,31,81,173 equity shares by five promoters, representing approximately 6.63% of the company's total issued and paid-up equity share capital. The OFS is structured across two trading days to accommodate different investor categories.

Trading Schedule and Investor Categories

The OFS follows a structured timeline designed to serve different investor segments. Non-retail investors will have exclusive access on the first day, while retail investors can participate on the second day along with non-retail investors carrying forward their bids.

Selling Promoters

The OFS involves five promoters of HMA Agro Industries Limited who will collectively divest their shareholding through this mechanism. The selling promoters include:

• Zulfiqar Ahmad Qurashi
• Mohammad Ashraf Qureshi
• Mohammad Mehmood Qureshi
• Gulzar Ahmad
• Wajid Ahmed

Allocation Methodology

The allocation follows SEBI's OFS guidelines with specific provisions for different investor categories. Retail investors, defined as those bidding for shares worth up to Rs. 2,00,000, will have a minimum 10% reservation of the offer shares. The allocation will be conducted on a price priority basis at multiple clearing prices, with retail investors having the option to bid at the cut-off price.

Settlement and Regulatory Framework

The OFS will be conducted under SEBI's comprehensive framework for offer for sale through stock exchange mechanism. Settlement will occur on a trade-for-trade basis with different timelines based on investor category and payment method. The clearing corporation designated for the transaction is Indian Clearing Corporation Ltd (ICCL), ensuring proper settlement mechanisms are in place for all participants.

HMA Agro Industries Limited has filed its quarterly compliance certificate with stock exchanges, confirming adherence to SEBI depositories regulations for the quarter ended March 31, 2026. The certificate was submitted to both BSE and NSE on April 06, 2026, as part of the company's regular regulatory compliance obligations.

Regulatory Compliance Filing

The compliance certificate was issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Nikhil Sundrani submitted the documentation to both exchanges on April 06, 2026.

Registrar Confirmation

Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate on April 06, 2026. The certificate confirms that all securities received from depository participants for dematerialization up to March 31, 2026 were properly processed according to regulatory requirements.

Compliance Verification

The registrar confirmed several key compliance aspects in their certificate:

• All securities received for dematerialization were confirmed to depositories within required timeframes
• Securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within 15 days of receipt

Company Background

HMA Agro Industries Limited operates as a Five Star Export House recognized by the Government of India. The company is incorporated under CIN L74110UP2008PLC034977 and maintains its registered office in Agra, Uttar Pradesh. The quarterly compliance filing demonstrates the company's commitment to maintaining regulatory standards and transparency in its securities operations.