HMA Agro Industries: With reference to the captioned subject we have received request letter from Wajid Ahmed (Outgoing Promoter)…
HMA Agro Industries (HMAAGRO) filed a disclosure titled "With reference to the captioned subject we have received request letter from Wajid Ahmed (Outgoing Promoter) requesting re classification from Promoter and Promoter Group to…". The company is valued at…
What happened
HMA Agro Industries (HMAAGRO) filed a disclosure with the exchanges on 3 October 2026 at 03:46 PM titled "With reference to the captioned subject we have received request letter from Wajid Ahmed (Outgoing Promoter) requesting re classification from Promoter and Promoter Group to…".
Company snapshot
HMA Agro Industries is a small-cap company, with a market value of about ₹1,175 crore.
The stock last traded at ₹23.47, against a 52-week range of ₹19.09–₹34.24 (31.4% below the high).
Before this filing the shares had moved +12.3% over the month and +7.0% over three months. Average daily turnover over the last 20 sessions was about ₹9.9 crore.
Promoters held 75.00% at the end of Q1 FY27. Foreign institutions owned 4.83% and domestic institutions 3.46%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,123 | 0.8 | 0.02 |
| Q2 FY26 | 2,155 | 89.8 | 1.79 |
| Q3 FY26 | 2,059 | 66.2 | 1.32 |
| Q4 FY26 | 1,579 | 8 | 0.16 |
| Q1 FY27 | 2,110 | 50.7 | 1.01 |
What history shows
This is not the company's first management change disclosure: BCEIE has at least 12 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 0.4% on average the next trading day and was down 3.3% on average after five days (8 filings with price data).
Market-wide, 3,849 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 18 Sept 2026 | Cessation of M/s MAPSS and Company as Statutory Auditors of the… | −0.2% | — |
| 18 Sept 2026 | Appointment of Mr VARUN BANSAL PARTNER, VAA & ASSOCIATES as… | −0.2% | — |
| 13 Jun 2026 | Resignation of Director/KMP/SMP | +1.3% | −2.6% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.