Meeting Details

The 18th Annual General Meeting (AGM) of HMA Agro Industries Limited was convened and held on Friday, September 18, 2026, from 03:30 P.M. to 04:55 P.M. (IST). The meeting was conducted entirely through Video Conferencing (VC) / Other Audio Visual Means (OAVM) without a physical venue, in compliance with the Companies Act, 2013 and SEBI LODR Regulations. The deemed venue was the Registered Office of the Company at 18A/5/3, Tajview Crossing, Fatehabad Road, Agra, Uttar Pradesh – 282001.

Attendance

  • The Company had 68,505 shareholders as of the record date, September 11, 2026.
  • 67 Members attended the meeting through VC/OAVM.
  • Quorum was confirmed as present as per Section 103 of the Companies Act, 2013.

Directors and Key Managerial Personnel in Attendance:

  • Mr. Gulzar Ahmad, Chairperson & Managing Director
  • Mr. Viswambharan Parameswaran, Whole Time Director
  • Mr. Gulzeb Ahmed, Chief Financial Officer
  • Mr. Gaurav Rajendra Luthra, Non-Executive Independent Director
  • Ms. Bhawna Jain, Non-Executive Independent Director
  • Mr. Abhishek Sharma, Non-Executive Independent Director

Leave of absence was granted to Mr. Bhabani Sankar Acharya, Whole-time Director, who was unable to attend due to pre-commitments.

Invitees in Attendance:

  • Mr. Varun Bansal, Partner, M/s VAA & Associates, Chartered Accountants (Incoming Statutory Auditor)
  • Mr. R.C. Sharma, Proprietor of M/s. R.C. Sharma & Associates, Company Secretaries (Secretarial Auditor and Scrutinizer)
  • Mr. Deependra Mohan, Partner, M/s. S.N. Gupta & Co. (Internal Auditor)
  • Mr. Nikhil Sundrani, Company Secretary & Compliance Officer (In Attendance)

Proceedings

1. The Company Secretary, Mr. Nikhil Sundrani, welcomed attendees and briefed them on meeting instructions, document availability, and the e-voting procedure.

2. The Notice of the AGM (dated August 25, 2026) and the Annual Report for FY 2025-26 were noted as having been circulated electronically and were taken as read.

3. The Statutory Auditors' Report and Secretarial Auditors' Report for FY ended March 31, 2026, were noted as containing no qualifications, reservations, adverse remarks, or disclaimers and were taken as read.

4. Mr. Gulzar Ahmad, Chairperson and Managing Director, addressed the members, providing an overview of the business performance for FY 2025-26 and the company's outlook, growth opportunities, and future prospects.

5. Mr. Gulzeb Ahmed, Chief Financial Officer, addressed the members, providing an overview of the financial performance for FY ended March 31, 2026, including key financial indicators, operational performance, and future outlook.

Business Transacted (Resolutions)

The following seven resolutions were proposed for member approval via e-voting:

| Sr. No. | Particulars of Resolution | Type of Resolution |

| 1 | To receive, consider and adopt the audited financial statements (standalone and consolidated) for the financial year ended March 31, 2026, with Reports of the Board of Directors and Auditors. | Ordinary |

| 2 | To re-appoint Mr. Viswambharan Parameswaran (DIN: 09822921), who retires by rotation, as a Director. | Ordinary |

| 3 | Appointment of M/s. VAA & Associates, Chartered Accountants, as Statutory Auditors of the Company. | Ordinary |

| 4 | Increase in remuneration of Mr. Gulzar Ahmad (DIN: 01312305), Chairperson and Managing Director. | Ordinary |

| 5 | Approval for fixation of the borrowing powers of the Board of Directors under Section 180(1)(c) of the Companies Act, 2013. | Special |

| 6 | Authorization to the Board of Directors under Section 180(1)(a) to create charges on the movable and immovable properties of the Company. | Special |

| 7 | Increase in the threshold of loans, guarantees, providing of securities and making of investments in securities under Section 186 of the Companies Act, 2013. | Special |

Voting Process

  • The remote e-voting facility was provided by National Securities Depository Limited (NSDL).
  • The remote e-voting period was from September 15, 2026, at 09:00 A.M. IST to September 17, 2026, at 05:00 P.M. IST.
  • Members who had not voted remotely could vote electronically during the AGM and for 15 minutes after its conclusion.
  • Mr. R.C. Sharma was appointed as the Scrutinizer to scrutinize the entire e-voting process.
  • The consolidated results of the voting, along with the Scrutinizer's Report, were to be submitted to BSE Limited and National Stock Exchange of India Limited and placed on the company's, NSDL's, and the stock exchanges' websites within the prescribed timeline.

Questions and Answers

Members who had pre-registered as speakers by September 15, 2026, were invited to raise questions. Queries primarily related to the Company's financial performance, operational performance, business expansion plans, future growth strategies, and share price growth. Mr. Gulzeb Ahmed, CFO, addressed all queries collectively to the satisfaction of the members.

Conclusion

The meeting concluded with a vote of thanks at 04:55 P.M. IST. The summary of proceedings will be made available on the Company's website at https://hmagroup.co/.