HMA Agro Industries Ltd

HMA Agro Industries Limited announced that its members approved the appointment of M/s VAA & Associates, Chartered Accountants, as the company's Statutory Auditors at the 18th Annual General Meeting held on Friday, September 18, 2026. M/s VAA & Associates will hold office for a term of five consecutive years, commencing from the conclusion of the 18th AGM until the conclusion of the 23rd AGM.

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.

HMA Agro Industries Limited has appointed M/s VAA & Associates, a firm of Chartered Accountants, as its statutory auditors for a term of five consecutive years, from the conclusion of the 18th Annual General Meeting to the conclusion of the 23rd Annual General Meeting, subject to member approval at the ensuing annual general meeting. The appointment was approved by the company's Audit Committee and Board of Directors and is based on the firm's experience in conducting audits for listed entities and other assurance assignments.

HMA Agro Industries Limited, formerly Five Star Export House, will hold a board meeting on August 25, 2026, to approve the Annual Report for the financial year 2025-26, including the Business Responsibility and Sustainability Report, and to finalize the Notice for the 18th Annual General Meeting, scheduled for a later date, along with appointing a Statutory Auditor for five years and a Scrutinizer for the AGM.

HMA Agro Industries Ltd share price softened by 1.59% to Rs 21.71. The Company's net profit saw a strong growth of 514.48% to Rs 50.51 crore, while revenue from operations increased sharply by 33.64% to Rs 2110.32 crore in Q2FY26 over Q1FY26. The market capitalization of Meat Products including Poultry industry group stocks on BSE stood at Rs 4896.56 crore, rallying 27.27%. It has inched up 2.26% over last one week and gained upto 2.28% in last one month while the market capitalization of HMA Agro Industries Ltd has marginally improved by 3.43% and 10.40% in the same period respectively. Profit before tax (PBT) of HMA Agro Industries Ltd stood at Rs 62.51 crore in Q2 FY26, jumping 4302.11% year-on-year, and expanding by 445.46% quarter-on-quarter. EBITDA came in at Rs 62 crore, surging by 938.04% YoY and jumping 45.29% sequentially. Total expenses surged 32.29% to Rs 2107.83 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 2015.32 crore, inching up 4.55% YoY, while employee benefits expense was at Rs 35.95 crore, collapsing by 16.22% YoY. For the TTM ended FY26, revenue from operations tick up 6.64% to Rs 5133.02 crore, while net profit fell 12.82% to Rs 87.69 crore, compared to previous TTM. EBITDA soared by 8291% to Rs 20.78 crore, and PBT softened 5.67% to Rs 125.61 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 124.39 crore in FY26, as against Rs 165.81 crore in FY25. HMA Agro Industries Ltd plunged by 32.09% in last one year, underperforming the benchmark BSE Sensex which has slipped by 2.83% during the same period.

HMA Agro Industries Limited will hold a board meeting on August 13, 2026, to consider and approve the draft unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and to take note of the limited review report issued by its statutory auditors, according to a regulatory filing. The company also announced that the trading window for its designated persons and their immediate relatives will be closed from April 1, 2026, until 48 hours after the declaration of financial results for the quarter ended June 30, 2026.