HMA Agro Industries Completes OFS of 3.32 Cr Shares for MPS Compliance

2 min read     Updated on 15 Apr 2026, 09:43 AM
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Radhika SScanX News Team
AI Summary

HMA Agro Industries Limited successfully completed its Offer for Sale with promoters selling 3,31,81,173 equity shares representing 6.63% of total capital on April 09-10, 2026. The transaction reduced combined promoter group holding from 81.63% to 75.00% to achieve minimum public shareholding compliance, with detailed regulatory disclosures filed under SEBI Takeover Regulations.

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HMA Agro Industries Limited has successfully completed its Offer for Sale (OFS) with promoters filing detailed regulatory disclosures confirming the transaction's completion. The company has submitted formal notifications to BSE Limited and National Stock Exchange of India Limited regarding the sale of equity shares through the stock exchange mechanism to achieve Minimum Public Shareholding (MPS) compliance.

OFS Completion and Regulatory Compliance

The promoters completed the sale of 3,31,81,173 equity shares, representing 6.63% of the company's total issued and paid-up equity share capital. The transaction was executed on April 09-10, 2026, as per the previously announced schedule, with Mohammad Ashraf Qureshi filing mandatory disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on behalf of all sellers.

Transaction Parameter: Details
Total Shares Sold: 3,31,81,173 equity shares
Percentage of Capital: 6.63%
Transaction Dates: April 09-10, 2026
Purpose: MPS Compliance
Regulatory Framework: SEBI Takeover Regulations

Detailed Promoter Holdings and Transaction Breakdown

The regulatory disclosure reveals comprehensive shareholding patterns of all selling promoters before and after the OFS completion. The combined promoter group holding, including Persons Acting in Concert (PACs) Gulzeb Ahmed and Parvez Alam, has reduced from 81.63% to 75.00% following the transaction.

Promoter Name: Shares Sold Pre-OFS Holding Post-OFS Holding
Zulfiqar Ahmad Qurashi: 71,41,000 9,23,05,001 (18.43%) 8,51,64,001 (17.01%)
Mohammad Ashraf Qureshi: 71,41,000 9,23,05,001 (18.43%) 8,51,64,001 (17.01%)
Mohammad Mehmood Qureshi: 71,41,000 9,23,05,001 (18.43%) 8,51,64,001 (17.01%)
Gulzar Ahmad: 42,56,543 6,51,54,530 (13.01%) 6,08,97,987 (12.16%)
Wajid Ahmed: 75,01,630 5,00,76,977 (10.00%) 4,25,75,347 (8.50%)

Capital Structure and MPS Achievement

The company's total equity share capital remains unchanged at Rs. 50,07,69,770, comprising 50,07,69,770 equity shares of face value Re. 1 each. The OFS has successfully reduced the promoter group's combined shareholding to exactly 75.00%, helping the company move towards achieving the required minimum public shareholding norms as mandated under Rule 19A(1) of Securities Contracts (Regulation) Rules, 1957 and Regulation 38 of SEBI (LODR) Regulations, 2015.

Regulatory Documentation and Compliance

Mohammad Ashraf Qureshi, representing all sellers, submitted the detailed disclosure document to both BSE Limited and National Stock Exchange of India Limited on April 13, 2026. The documentation confirms that the transaction was executed purely for MPS compliance purposes through the Offer for Sale mechanism, with no encumbrances or voting rights complications. The disclosure also confirms that PACs Gulzeb Ahmed and Parvez Alam maintained their combined holding of 1,66,11,990 shares (3.32%) without any changes during the transaction.

Historical Stock Returns for HMA Agro Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.41%-1.70%+12.23%-21.56%-24.49%-58.63%

Will HMA Agro Industries pursue further dilution to reach the mandatory 25% minimum public shareholding threshold?

How might the increased public float impact HMA Agro's stock liquidity and institutional investor interest?

What strategic initiatives could the promoters fund with the proceeds from this Rs. 331+ crore share sale?

HMA Agro Industries Limited Submits Q4FY26 SEBI Compliance Certificate

1 min read     Updated on 06 Apr 2026, 06:46 PM
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AI Summary

HMA Agro Industries Limited submitted its Q4FY26 compliance certificate under SEBI Depositories Regulations to BSE and NSE on April 06, 2026. The certificate, issued by registrar Bigshare Services Private Limited, confirms proper processing of dematerialization requests and compliance with regulatory timelines for the quarter ended March 31, 2026.

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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.

Exchange Details: Information
BSE Scrip Code: 543929
NSE Scrip Code: HMAAGRO
Filing Date: April 06, 2026
Quarter Ended: March 31, 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.

Historical Stock Returns for HMA Agro Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.41%-1.70%+12.23%-21.56%-24.49%-58.63%

How might HMA Agro Industries' Five Star Export House status impact its business expansion plans in international markets during 2026?

What potential changes could arise in SEBI's depositories regulations that might affect HMA Agro's future compliance requirements?

Will HMA Agro Industries consider upgrading from its current registrar services to enhance shareholder management efficiency?

More News on HMA Agro Industries

1 Year Returns:-24.49%