15-Oct-2026      16:13

HMA Agro Industries Limited seeks to reclassify Wajid Ahmed’s shareholding to ‘Public’

HMA Agro Industries Limited said its board approved a request from Wajid Ahmed, an outgoing promoter, to reclassify his shareholding from the ‘Promoter & Promoter Group’ category to the ‘Public’ category, pursuant to a Family Settlement Agreement dated September 20, 2026. According to the company, Ahmed does not hold any equity shares in HMA Agro Industries Limited, representing a NIL percentage of the paid-up equity share capital, and is not involved in the management or control of the company, nor does he possess any special rights. The reclassification is subject to approval from the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited.

News source: Capital Market - Live News