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- HMA Agro Industries Limited (NSE: HMAAGRO) is selling 100 % of its subsidiary LAAL Agro Food Private Limited to members of its promoter group for cash, subject to a definitive agreement.
- The subsidiary reported ₹0 revenue and a ‑₹11,400,000 net‑worth in the prior year, contributing virtually nothing to the group’s earnings or assets.
- Board and audit‑committee approvals were secured on 25 April 2026 and 16 April 2026 respectively; the sale is slated to close by 30 May 2026 and does not require shareholder consent.
- Investors can expect a cash inflow (amount to be disclosed later), a modest improvement to the consolidated balance sheet, and no dilution of existing shareholdings, as the transaction is classified as non‑material.
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