Meeting Details
The 18th Annual General Meeting will be held on Friday, September 18, 2026, at 03:30 p.m. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The deemed venue is the Registered Office at 18A/5/3, Tajview Crossing Fatehabad Road, Agra, Uttar Pradesh-282001.
Cut-off Date and Voting Rights
Members as on the cut-off date of Friday, September 11, 2026 shall be entitled to cast their vote. Voting rights shall be in proportion to paid-up equity share capital as of this date.
Business Items to be Transacted
Ordinary Business:
Item No. 1: Adoption of Annual Audited Financial Statements and Reports
- To consider and adopt the Audited Standalone Financial Statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors
- To consider and adopt the Audited Consolidated Financial Statements for FY ended March 31, 2026, with Report of Auditors
Item No. 2: Re-appointment of Mr. Viswambharan Parameswaran (DIN: 09822921)
- Director retires by rotation and offers himself for re-appointment
- Ordinary Resolution proposed under Section 152 of Companies Act, 2013
Item No. 3: Appointment of M/s VAA & Associates, Chartered Accountants as Statutory Auditors
- To appoint M/s VAA & Associates (Firm Registration No. 016079C) as Statutory Auditors
- Term: Five consecutive years from conclusion of 18th AGM until conclusion of 23rd AGM
- To conduct statutory audit for financial years 2026-27 to 2030-31
- Remuneration to be mutually agreed between Board and Auditors
- Annual audit fee proposed at ₹27,50,000/- plus applicable taxes for FY 2026-27
- Board authorized to determine remuneration for subsequent years
Special Business:
Item No. 4: Increase in Remuneration of Mr. Gulzar Ahmad (DIN: 01312305), Chairperson and Managing Director
- Increase of 25% in basic salary with effect from October 1, 2026
- Revised basic salary: ₹15,00,000/- per month (increased from ₹10,00,000/-)
- Additionally entitled to perquisites, allowances, benefits as determined by Board
- Retirement benefits: PF, Superannuation, Gratuity, leave encashment as per company policy
- Business expenses reimbursed on actual basis
- No sitting fees for Board/Committee meetings
- Rationale: Experience, responsibilities, contribution to growth, industry standards
- FY 2025-26 Standalone PAT: ₹1,271.07 million
- Annual remuneration amounts to ₹1.80 crore excluding perquisites
Item No. 5: Approval for Fixation of Borrowing Power u/s 180(1)(c) of Companies Act, 2013
- Special Resolution to authorize Board to borrow money
- Maximum borrowing limit: ₹2,000 Crores (Rupees Two Thousand Crores)
- Includes non-fund based facilities and borrowing through debt securities
- In supersession of all previous similar approvals
Item No. 6: Authorization to Board u/s 180(1)(a) to Create Charges on Properties
- Special Resolution to create mortgages, charges, hypothecations on movable/immovable properties
- To secure loans/debt securities up to ₹2,000 Crores
- Includes existing and future properties
Item No. 7: Increase in Threshold of Loans/Guarantees/Investments u/s 186
- Special Resolution to increase limits for loans, guarantees, securities, investments
- New aggregate limit: ₹2,000 Crores (Rupees Two Thousand Crores)
- Exceeds the normal limits of 60% of paid-up capital + free reserves + securities premium or 100% of free reserves + securities premium
Financial Performance (FY 2025-26)
| Particulars | Standalone (₹ Million) | Consolidated (₹ Million) |
| Total Revenue from operations including other income | 68,923.98 | 70,414.19 |
| Less Expenditure | 67,205.48 | 68,236.76 |
| Profit Before Tax | 1,718.50 | 2,177.43 |
| Less: Tax Expenses | 447.43 | 525.57 |
| Profit After Tax | 1,271.07 | 1,651.86 |
| Other Comprehensive Income | 9.47 | 22.83 |
| Total Comprehensive Income | 1,280.54 | 1,674.69 |
Director Information - Mr. Viswambharan Parameswaran
- Age: 66 years
- DIN: 09822921
- Qualifications: Post Graduate
- Date of first appointment: April 25, 2026
- Shareholding: Nil
- Experience: Extensive background in compliance management, administration, and corporate governance
- Directorships in unlisted companies: Federal Agro Industries Private Limited, FNS Agro Foods Limited, Laal Agro Food Private Limited, United Farm Product Private Limited
Voting Arrangements
- Remote e-Voting period: September 15, 2026 (9:00 AM) to September 17, 2026 (5:00 PM)
- e-Voting service provider: National Securities Depository Limited (NSDL)
- Members can vote either during remote e-Voting period or during AGM
- Physical attendance dispensed with due to virtual meeting
- Proxy facility not available
- Scrutinizer: Mr. R.C. Sharma of R.C. Sharma & Associates, Company Secretaries
Dividend Information
- Unpaid dividends as of March 31, 2026:
- FY 2022-2023: ₹197,019.00 (3.00 rupees per share)
- FY 2023-2024: ₹194,669.92 (0.30 paisa per share)
- FY 2024-2025: ₹83,549.10 (0.30 paisa per share)
- No amounts transferred to IEPF during FY 2025-26 as 7-year period not lapsed
Other Information
- Company nature: Processing & rendering of meat and meat products, bone, tallow, poultry products, etc.
- Contact: +91-7217018161, Email: cs@hmaagro.com
- Company Secretary: Nikhil Sundrani (Membership No.: F13843)