Announced Tue, 28 Apr · 24:32 IST
HMA Agro to divest two wholly owned subsidiaries to promoter group
Strategic Transactions View source PDF
HMAAGRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.1%1-day move
₹24.40
prior close
₹24.42
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1+0.7+0.9+0.1-1.1+0.0-0.4-0.5+0.8+0.9-1.6-4.3-9.9—
Up moveDown movePending
AI summary
HMA Agro's board approved selling its entire stake in two wholly owned subsidiaries — FNS Agro Foods (8.95L shares) and Laal Agro Food (9,999 shares) — to promoter group individuals. Both are non-operational with nil turnover, contributing only 0.64% and 0.14% to net worth. Related party deal at arm's length, expected closure by May 30, 2026.
Likely market impact
Minimal impact as both subsidiaries are dormant with nil revenue. Buyers are promoter-group related parties; valuation to be set by a registered valuer.