HMA Agro Divests Laal Agro Stake to Promoters

HMA Agro executed a Share Purchase Agreement to divest its entire 100% stake in subsidiary Laal Agro Food Private Limited.
The transaction, valued at ₹1 lakh, involves the sale of 10,000 shares to promoter group members Gulzar Ahmad and Mohammad Kamil Qureshi.
Completion is expected by May 30, 2026, following a valuation report from a Registered Valuer dated April 30, 2026.
The divestment is a related party transaction conducted on an arm's length basis and is not subject to material subsidiary regulations.