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HMA Agro Industries Limited executed a share sale agreement with seven proposed acquirers to sell its entire 8,95,593 equity shares in FNS Agro Foods Limited, representing 100% of its shareholding, for a consideration of Rs 5,00,81,560.56, or Rs 55.92 per share; the acquirers are members of the company`s Promoter/Promoter Group, comprising four promoters and three relatives of promoters, and the transaction constitutes a related party transaction undertaken at arm’s length, with the transfer expected to be completed on or before September 30, 2026, after which FNS Agro Foods Limited will cease to be a subsidiary of HMA Agro Industries Limited.

HMA Agro Industries Limited said its board approved the divestment of its entire 100% equity stake in FNS Agro Foods Limited for approximately Rs 5,00,81,560.56, or Rs 55.92 per share, to a group of buyers identified as promoters and relatives of promoters. The transaction, expected to be completed by September 30, 2026, will result in FNS Agro Foods Limited ceasing to be a subsidiary of HMA Agro, and the company clarified that the transaction does not constitute a sale of an undertaking and does not require shareholder approval.

HMA Agro Industries Limited said its board approved the divestment of its entire 100% equity stake in FNS Agro Foods Limited for approximately Rs 5.01 crore, or Rs 55.92 per share. The transaction, expected to be completed by September 30, 2026, will see the buyers, identified as promoters and relatives of promoters of the holding company, acquire the 8,95,593 shares, and will result in FNS Agro Foods Limited ceasing to be a subsidiary of HMA Agro.

HMA Agro Industries Limited will seek shareholder approval on September 8, 2026, to divest its entire 100% equity shareholding in FNS Agro Foods Limited, a subsidiary of the company.

HMA Agro Industries Limited informed the Bombay Stock Exchange and the National Stock Exchange that its register of members and share transfer books will be closed from September 12, 2026, to September 18, 2026, for the purpose of its 18th Annual General Meeting, scheduled for September 18, 2026, and e-voting for the financial year 2025-26; remote e-voting will commence on September 11, 2026, and end on September 15, 2026.