HMA Agro Industries logo

HMA Agro Industries MD, chairman, board of directors and AGM

NSE: HMAAGROBSE: 543929Food ProductsSmall Cap

Last close ₹23.42down ₹0.60 (2.50%)BSE ₹23.53

Share price at the NSE close on 23 Oct 2026. Previous close ₹24.02.

52-week range of traded prices to 23 Oct 2026
₹19.09Low, 10 Sep 2026₹34.24High, 18 Nov 2025
Market cap
₹1,173 Cr1,370th largest listed
P/E
5.5
P/B
1.2
Dividend yield
Nonein the last 12 months
ROE
24.8%
ROCE
7.3%
Debt to equity
0.88
Volume, NSE
8,25,87647.9% delivered

HMA Agro Industries board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorGULZAR AHMADRelated to the promoter
  • Company Secretary and Compliance OfficerNIKHIL SUNDRANI

6 directors3 independent3 executive

  • GULZAR AHMAD · Chairperson and managing directorExecutive · joined Apr 2008 · reappointed Jun 2026 · 60 months as independent · 1 listed board · 1 committee seat
  • VISWAMBHARAN PARAMESWARANExecutive · joined Apr 2026 · reappointed May 2026 · 60 months as independent · 1 listed board · 2 committee seats
  • BHABANI SANKAR ACHARYAExecutive · joined Apr 2026 · reappointed May 2026 · 60 months as independent · 1 listed board
  • GAURAV RAJENDRA LUTHRAIndependent · joined Jun 2021 · reappointed Jun 2026 · 60 months as independent · 1 listed board · 1 as independent
  • ABHISHEK SHARMAIndependent · joined Oct 2023 · reappointed Oct 2023 · 60 months as independent · 2 listed boards · 2 as independent
  • BHAWNA JAINIndependent · joined May 2025 · reappointed May 2025 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

3 directors who left
  • MOHAMMAD MEHMOOD QURESHI, left 2 Jun 2026: Others
  • GULZEB AHMAD, left 2 Jun 2026: Tenure Completion
  • BHUMIKA PARWANI, left 28 May 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 8 Sep 20266 of 6 present3 independent · 13 days in between
    • 25 Aug 20266 of 6 present3 independent · 11 days in between
    • 13 Aug 20266 of 6 present3 independent · 79 days in between
    • 25 May 20267 of 8 present3 independent · 29 days in between
    1 earlier meeting
    • 25 Apr 20266 of 6 present3 independent

  • Audit Committee

    Chair GAURAV RAJENDRA LUTHRA

    BHAWNA JAIN, VISWAMBHARAN PARAMESWARAN

    • 5 Sep 20263 of 3 present2 independent · 11 days in between
    • 24 Aug 20263 of 3 present2 independent · 11 days in between
    • 12 Aug 20263 of 3 present2 independent · 80 days in between
    • 23 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair GAURAV RAJENDRA LUTHRA

    ABHISHEK SHARMA, BHAWNA JAIN

    • 20 Apr 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair BHAWNA JAIN

    GULZAR AHMAD, VISWAMBHARAN PARAMESWARAN

    No meeting listed in the filing.

  • Risk Management Committee

    Chair GULZAR AHMAD

    BHAWNA JAIN, VISWAMBHARAN PARAMESWARAN

    • 17 Aug 20263 of 3 present1 independent · 89 days in between

  • Corporate Social Responsibility Committee

    Chair GULZAR AHMAD

    ABHISHEK SHARMA, VISWAMBHARAN PARAMESWARAN

    • 19 May 20263 of 3 present1 independent · 28 days in between

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • MAPPS & COMPANYPeer-review certificate valid to Jul 2027
1 earlier auditor
  • MAPSS & CompanyNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

HMA Agro Industries AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.HMA Agro Industries dividend history

Annual general meeting, 18 Sep 2026

68,505 shareholders on the register on 11 Sep 2026; present: 5 promoters and 62 others; votes counted by Ramesh Chandra Sharma / R.C. Sharma & Associates.The company's voting result (opens in a new tab)

  1. Adoption of the Annual Audited Financial Statements and Reports thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.64%

    Turnout: all 76.27% · promoters 100.00% · institutions 21.74% · other public 1.16%

  2. To re-appoint Mr. Viswambharan Parameswaran (DIN: 09822921) who retires by rotation as Director and being eligible, offers himself for reappointment
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.09%

    Turnout: all 76.27% · promoters 100.00% · institutions 21.74% · other public 1.16%

  3. APPOINTMENT OF M/S VAA & ASSOCIATES, CHARTERED ACCOUNTANTS, AS STATUTORY AUDITORS OF THE COMPANY
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.02%

    Turnout: all 76.27% · promoters 100.00% · institutions 21.74% · other public 1.16%

  4. Increase in Remuneration of Mr. Gulzar Ahmad (DIN: 01312305), Chairperson and Managing Director of the Company
    OrdinaryPromoters have an interest in it
    99.62% for0.38% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.07%

    Turnout: all 1.27% · promoters 0.00% · institutions 21.74% · other public 1.16%

  5. Approval for Fixation of the Borrowing Power of the Board of Directors u/s 180(1)(c) of Companies Act, 2013
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.91%

    Turnout: all 76.27% · promoters 100.00% · institutions 21.74% · other public 1.16%

  6. Authorization to the Board of Directors u/s 180 (1) (a) of The Companies Act, 2013 to Create Charges on Movable and Immovable Properties of The Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.07%

    Turnout: all 76.27% · promoters 100.00% · institutions 21.74% · other public 1.16%

  7. To Increase in Threshold of Loans/ Guarantees, Providing of Securities and Making of Investments in Securities Under Section 186 of The Companies Act, 2013
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.98%

    Turnout: all 76.27% · promoters 100.00% · institutions 21.74% · other public 1.16%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 28 May 2026, 8 resolutions

65,375 shareholders on the register on 24 Apr 2026; votes counted by CS RAMESH CHANDRA SHARMA / R.C. SHARMA AND ASSOCIATES.The company's voting result (opens in a new tab)

  1. Alteration of Articles of Association.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.22%

    Turnout: all 67.47% · promoters 84.24% · institutions 44.34% · other public 4.20%

  2. Appointment of Mr. Gulzar Ahmad (DIN: 01312305) as Chairperson and Managing Director of the Company
    OrdinaryPromoters have an interest in it
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.24%

    Turnout: all 4.28% · promoters 0.00% · institutions 44.34% · other public 4.20%

  3. Appointment of Mr. Viswambharan Parameswaran (DIN: 09822921) as a Director of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.27%

    Turnout: all 67.47% · promoters 84.24% · institutions 44.34% · other public 4.20%

  4. Appointment of Mr. Viswambharan Parameswaran (DIN: 09822921) as a Whole-Time Director of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.24%

    Turnout: all 67.47% · promoters 84.24% · institutions 44.34% · other public 4.20%

  5. Appointment of Mr. Bhabani Sankar Acharya (DIN: 11679213) as a Director of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.25%

    Turnout: all 67.47% · promoters 84.24% · institutions 44.34% · other public 4.20%

  6. Appointment of Mr. Bhabani Sankar Acharya (DIN: 11679213) as a Whole-Time Director of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.25%

    Turnout: all 67.47% · promoters 84.24% · institutions 44.34% · other public 4.20%

  7. Re-Appointment of Mr. Gaurav Rajendra Luthra (DIN: 08023492) as a Non-Executive Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.30%

    Turnout: all 67.47% · promoters 84.24% · institutions 44.34% · other public 4.20%

  8. Shifting of Registered Office of the Company from “State of Uttar Pradesh” to the “National Capital Territory (NCT) of Delhi”
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 67.47% · promoters 84.24% · institutions 44.34% · other public 4.20%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Aug 2025, 6 resolutions

66,309 shareholders on the register on 22 Aug 2025; present: 2 promoters and 63 others; votes counted by RAMESH CHANDRA SHARMA / R.C. SHARMA & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Adoption of the annual audited Financial Statements and Reports thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.25%

    Turnout: all 83.27% · promoters 100.00% · institutions 23.86% · other public 0.22%

  2. Declaration of Dividend
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.95%

    Turnout: all 83.27% · promoters 100.00% · institutions 23.86% · other public 0.22%

  3. Appointment of Mr. Gulzeb Ahmed (DIN: 06546660) as a Director, liable to retire by rotation
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.10%

    Turnout: all 83.27% · promoters 100.00% · institutions 23.86% · other public 0.22%

  4. Appointment of Secretarial Auditor of the Company for a term of five (5) consecutive years
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.76%

    Turnout: all 83.27% · promoters 100.00% · institutions 23.86% · other public 0.22%

  5. To Approve Material Related Party Transactions
    OrdinaryPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.86%

    Turnout: all 1.65% · promoters 0.00% · institutions 23.86% · other public 0.22%

  6. Appointment of Ms. Bhawna Jain as a Non-Executive Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.86%

    Turnout: all 83.27% · promoters 100.00% · institutions 23.86% · other public 0.22%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 28 Sep 2024, 3 resolutions

Present: 7 promoters and 61 others.The company's voting result (opens in a new tab)

  1. The audited standalone & Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2024,
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.65%

    Turnout: all 83.68% · promoters 100.00% · institutions 0.58% · other public 0.26%

  2. To declare a dividend of @ 30% i.e. 0.30/- (Thirty paisa only) each on Equity Shares of the Company of face value of 1/- each for the financial year 2023-24.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.58%

    Turnout: all 83.68% · promoters 100.00% · institutions 0.58% · other public 0.26%

  3. To appoint a director in place of Mr. Gulzar Ahmad, (DIN - 01312305) who retires by rotation and being eligible, offers himself for re-appointment as a director liable to retire bynrotation.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.78%

    Turnout: all 70.17% · promoters 83.84% · institutions 0.58% · other public 0.26%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 3 May 2024, 7 resolutions

The company's voting result (opens in a new tab)

  1. Regularisation of Mohammad Mehmood Qureshi (DIN:02839611), Additional Director as director of the company
    OrdinaryPromoters have an interest in it
    97.16% for2.84% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.21%

    Turnout: all 0.05% · promoters 0.00% · institutions 0.41% · other public 0.28%

  2. Appointment of Mohammad Mehmood Qureshi (DIN:02839611) as a Managing Director of the company and the remuneration payable to him.
    OrdinaryPromoters have an interest in it
    50.54% for49.46% against

    Against: promoters 0.00% · institutions 100.00% · other public 7.31%

    Turnout: all 0.05% · promoters 0.00% · institutions 0.41% · other public 0.28%

  3. To approve the overall borrowing limits u/s 180(1)(c) of the companies act, 2013.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 100.00% · other public 5.28%

    Turnout: all 80.35% · promoters 96.04% · institutions 0.41% · other public 0.28%

  4. To seek approval under section 180(1)(a) of the companies act, 2013 inter alia for creation of mortgage or charge on the assets, properties or undertaking(s) of the company
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 100.00% · other public 6.35%

    Turnout: all 80.35% · promoters 96.04% · institutions 0.41% · other public 0.28%

  5. Approval to advance any loan/give guarantee/provide security u/s 185 of the companies act, 2013
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 100.00% · other public 5.34%

    Turnout: all 80.35% · promoters 96.04% · institutions 0.41% · other public 0.28%

  6. To increase in threshold of loans/ guarantees, providing of securities and making of investments in securities under section 186 of the companies act, 2013
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 100.00% · other public 4.01%

    Turnout: all 80.35% · promoters 96.04% · institutions 0.41% · other public 0.28%

  7. Approval for material related party transactions
    SpecialPromoters have an interest in it
    98.75% for1.25% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.29%

    Turnout: all 0.05% · promoters 0.00% · institutions 0.41% · other public 0.28%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 10 Dec 2023, 3 resolutions

The company's voting result (opens in a new tab)

  1. To consider and approve sub-division of equity sharesnof the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 84.06% · promoters 100.00% · institutions 0.00% · other public 5.36%

  2. To consider and approve alteration of Capital Clausenof the Memorandum of Association of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 84.06% · promoters 100.00% · institutions 0.00% · other public 5.36%

  3. Appointment of Mr. Abhishek Sharma (DIN:n06387076) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.34%

    Turnout: all 84.06% · promoters 100.00% · institutions 0.00% · other public 5.36%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 22 Sep 2023, 3 resolutions

Present: 7 promoters and 36 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited financial statements (including the consolidated financial statements) of the Company for the financial year ended 31st March, 2023, together with the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 83.64% · promoters 100.00% · institutions 0.00% · other public 0.28%

  2. To declare dividend of Rs. 3/- per Equity share for the financial year 2022-23.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.23%

    Turnout: all 83.64% · promoters 100.00% · institutions 0.00% · other public 0.28%

  3. To appoint a director in place of Gulzeb Ahmed (DIN: 06546660), who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.03%

    Turnout: all 83.64% · promoters 100.00% · institutions 0.00% · other public 0.28%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 29 Aug 2025, 1 fund house

  • Adoption of the annual audited Financial Statements and Reports thereon
    1 for0 against
  • Declaration of Dividend
    1 for0 against
  • Appointment of Mr. Gulzeb Ahmed (DIN: 06546660) as a Director, liable to retire by rotation
    1 for0 against
  • Appointment of Secretarial Auditor of the Company for a term of five (5) consecutive years
    1 for0 against
  • To Approve Material Related Party Transactions
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Transparency Concern: Proposed RPTs includes Guarantee to be given on behalf of the Company, however, no adequate disclosures on basis of arriving at the Guarantee commission to be charge by the related party, if any.
    0 for1 against
  • Appointment of Ms. Bhawna Jain as a Non-Executive Independent Director of the Company
    1 for0 against

Mutual fund votes, meeting of 28 Sep 2024, 3 fund houses

  • The audited standalone & Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2024,
    3 for0 against
  • To declare a dividend of @ 30% i.e. 0.30/- (Thirty paisa only) each on Equity Shares of the Company of face value of 1/- each for the financial year 2023-24.
    3 for0 against
  • To appoint a director in place of Mr. Gulzar Ahmad, (DIN - 01312305) who retires by rotation and being eligible, offers himself for re-appointment as a director liable to retire bynrotation.
    3 for0 against
1 earlier meeting

Mutual fund votes, meeting of 3 May 2024, 2 fund houses

  • Regularisation of Mohammad Mehmood Qureshi (DIN:02839611), Additional Director as director of the company
    2 for0 against
  • Appointment of Mohammad Mehmood Qureshi (DIN:02839611) as a Managing Director of the company and the remuneration payable to him.
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundAppointment compliant with law. Governance Concern: No absolute cap on Variable Pay.
    0 for2 against
  • To approve the overall borrowing limits u/s 180(1)(c) of the companies act, 2013.
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with the law. Governance Concern: Majority of the borrowing limit is unutilized and absence of specific reasons for the proposed increase.
    0 for2 against
  • To seek approval under section 180(1)(a) of the companies act, 2013 inter alia for creation of mortgage or charge on the assets, properties or undertaking(s) of the company
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with the law. Governance Concern: Majority of the borrowing limit is unutilized and absence of specific reasons for the proposed increase.
    0 for2 against
  • Approval to advance any loan/give guarantee/provide security u/s 185 of the companies act, 2013
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundNon-compliant: Non-disclosure of full particulars as required under Section 185 of Companies Act, 2013.
    0 for2 against
  • To increase in threshold of loans/ guarantees, providing of securities and making of investments in securities under section 186 of the companies act, 2013
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Governance concern: Inadequate disclosure & Transparency.
    0 for2 against
  • Approval for material related party transactions
    2 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Tax disputeCommissioner Appeals, Customs & GST, LucknowSince 22 Apr 2021
    The matter is currently pending in appeal at the Commissioner Appeals, Customs & GST, Lucknow.
    At the filing before: M/s HMA Agro Industries Ltd. was served with Demand-cum-Show Cause Notice No. 01/2021 dated 22nd April 2021 by the CGST & Central Excise Department (FY 2015-16), Agra. Despite the implementation of GST from 1st July 2017, the proceedings were initiated under Section 174 of the CGST Act. The Company submitted its response on 4th October 2021, requested a personal hearing, and sought withdrawal of the notice. The matter is presently pending before the Commissioner (Appeals), CGST, LucknowMoreLess
  • Tax disputeCGST and Central Excise Commissionerate(Appeals) LucknowSince 16 Sep 2019
    The order from the Commissioner (Appeals), Lucknow, has been received, and the company has filed an appeal before CESTAT, Allahabad. The proceedings are currently pending.
    At the filing before: HMA Food Export Pvt Ltd (Wholly Owned Subsidiary (FY 2014-2015): Demand cum show cause notice received dated 16.09.2019 under section 174 of CGST Act, 2017
  • Tax disputeCustoms Excise & Service Tax Appellate Tribunal(CESTAT) AllahabadSince 17 Mar 2021
    Order Received by the Commissionerate Agra and the case is under appeal CESTAT Allahabad. The proceedings are currently pending.
    At the filing before: HMA Food Export Pvt. Ltd (Wholly owned Subsidiary) F.Y 2015-2016 Demand cum Show Cause Notice Received Dated 27.04.2021. Reply filed dated 12.10.2021 under proviso to Section 73(1) of Finance Act, 1994 and now section 174 of CGST Act, 2017MoreLess
  • Tax disputeCustoms Excise & Service Tax Appellate Tribunal(CESTAT) AllahabadSince 28 Apr 2021
    Order Received by the Commissionerate Agra dated 17.01.2025 and the case is under appeal before CESTAT Allahabad.
    At the filing before: HMA Food Export Pvt Ltd(Wholly owned subsidiary (FY 2016-2017) Demand cum Show Cause Notice Received Dated 25.04.2022. Reply Filed Dated 29.06.2022. Currently Order is passed by Commissioner CGST & Central Excise Agra Dated 17.01.2025MoreLess
  • Tax disputeDepartment of Goods and Service Tax ParbhaniSince 6 Sep 2023
    An appeal has been filed before the Commissioner of SGST, Parbhani, and the matter is currently pending adjudication.
    At the filing before: Reliable Agro Foods (Partnership Firm with Substantial Interest) – FY 2020-21: Show Cause Notice under Section 73(1) of the GST Act, 2017, issued on 25.11.2024.
  • Tax disputeCommissioner of Income Tax(Appeals) KanpurSince 31 Mar 2021
    Subsequently, against the assessment order issued through National Faceless Assessment Centre, Delhi assessee filed a appeal in CIT (Appeals) Kanpur. Hearing is in progress.
    At the filing before: Mohammad Ashraf Qureshi(Promoter) (AY 2015-16): Notice under Section 148 was issued on 31.03.2021. After proceedings, the assessment order was passed on 30.03.2022 by NFAC, Delhi. (Notices under Section 142(1) issued on 24.01.2022 and 10.03.2022).MoreLess
  • Tax disputeCommissioner of Income Tax(Appeals) KanpurSince 31 Mar 2021
    Subsequently, against the assessment order issued through National Faceless Assessment Centre, Delhi assessee filed a appeal in CIT (Appeals) Kanpur. Hearing is in progress.
    At the filing before: Mohammad Mehmood Qureshi(Promoter) (AY 2015-16): Notice under Section 148 was issued on 31.03.2021. After proceedings, the assessment order was passed on 29.03.2022 by NFAC, Delhi. (Notices under Section 142(1) issued on 19.01.2022 and 09.02.2022).MoreLess
  • Tax disputeCommissioner of Income Tax(Appeals) KanpurSince 31 Mar 2021
    Subsequently, against the assessment order issued through National Faceless Assessment Centre, Delhi assessee filed a appeal in CIT (Appeals) Kanpur. Hearing is in progress.
    At the filing before: Mohammad Kamil Qureshi(Relative of Promoter0 (AY 2015-16): Demand notice under Section 156 was issued on 29.03.2022. After proceedings, the assessment order was passed the same day by NFAC, Delhi. (Notices under Section 142(1) issued on 15.12.2021, 06.02.2022, and 10.03.2022).MoreLess

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.