As on :
09-Sep-26 16:57
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.
