Zulfiqar Ahmad Qurashi, Mohammad Ashraf Qureshi, Mohammad Mehmood Qureshi, Gulzar Ahmad and Wajid Ahmed ("the Sellers"/"Promoters") proposes to sell up to 3,31,81,173 Equity Shares of the ....
HMAAGRO · price
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Five promoters of HMA Agro Industries — Zulfiqar Ahmad Qurashi, Mohammad Ashraf Qureshi, Mohammad Mehmood Qureshi, Gulzar Ahmad, and Wajid Ahmed — plan to sell up to 3,31,81,173 equity shares through an Offer for Sale (OFS) on the BSE. This represents approximately 6.63% of the company's total issued and paid-up equity share capital. The floor price has been set at Rs. 18 per share. Non-retail investors can bid on April 9, 2026 (T day), while retail investors can bid on April 10, 2026 (T+1 day). BCB Brokerage Private Limited has been appointed as the Seller's Broker. A minimum of 10% of the offer shares is reserved for retail investors, and at least 25% is reserved for mutual funds and insurance companies.
This promoter OFS increases the supply of shares in the market, which could put short-term downward pressure on the stock price. For existing shareholders, the floor price of Rs. 18 may serve as a near-term reference price, though the actual clearing price could be higher depending on demand.