HMA Agro Industries Limited — Important, 06-04-2025: Agreements

The promoters of HMA Agro Industries Limited have executed a Shareholders' Agreement, which is not binding on the company itself. This agreement involves the promoters who collectively control 83.61% of the firm's equity. Aiming to maintain stability and management continuity, the agreement grants existing promoters a Right of First Refusal (ROFR) on share transfers, ensuring they have the first option to purchase shares before any external sales occur. This proactive measure intends to avert disagreements that could disrupt the company's operations and management control. Notably, the execution of this agreement does not impose any liabilities or affect the company's management structure, aligning with the promoters' efforts to sustain control over the company’s strategic direction. Investors may want to monitor this development closely, as it reflects the promoters' commitment to stabilizing their ownership structure.