HMA Agro Industries Ltd approved Rs 70 crore export credit facilities from Canara Bank and Rs crore HDFC commercial card

DSIJ Intelligence-1 / 03 Nov 2025/ Categories: Penny Stocks, Trending

HMA Agro Industries Ltd approved Rs 70 crore export credit facilities from Canara Bank and Rs crore HDFC commercial card

The company has a market cap of over Rs 1,500 crore and the stock is up by 16 per cent from its 52-week low of Rs 27.54 per share.

On Monday, the shares of HMA Agro Industries Ltd gained 1.11 per cent to an Intraday high of Rs 31.88 per share from its previous closing of Rs 31.53 per share. The stock’s 52-week high is Rs 49.50 per share and its 52-week low of Rs 27.54 per share.

HMA Agro Industries Ltd informed that a meeting of the Board of Directors was held on Saturday, November 01, 2025. The following businesses, among others, were transacted at the said meeting:

  1. Approval for availing export credit limit/working capital facilities: The Board of Directors approved the proposal for availing export credit limit/working capital facilities from Canara Bank, amounting to approximately Rs 70.00 crore (Rupees Seventy Crores only). The proposed facilities may include, inter alia, export packing credit (EPC), foreign bills discounting (FBD), credit exposure limit (CEL), and other related facilities as may be mutually agreed upon with the Bank.
  2. Approval for availing commercial card programme from HDFC Bank: The Board approved the proposal to avail a Commercial Card Programme from HDFC Bank, under which the Bank will provide a credit facility with an overall limit of Rs 1,00,00,000 (Rupees One Crore only) in the name of the company.
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About the Company

HMA Agro Industries Ltd, founded in 2008, is a leading Indian food trade company specialising in handling and exporting a variety of food and agricultural products. They are one of the biggest exporters of frozen buffalo meat in India, accounting for over 10 per cent of the nation's total exports in this category. Its offerings include frozen fresh buffalo meat, prepared and frozen natural products, vegetables and cereals. The company's brands "Black Gold", "Kamil" and "HMA" are shipped to over 40 countries around the world. HMA Agro Industries has a strong focus on meat processing, operating four integrated plants in Aligarh, Mohali, Agra and Parbhani, with plans to expand by setting up a fifth facility in Haryana.

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DIIs bought 25,85,438 shares and increased their stake to 0.63 per cent in September 2025 compared to June 2025. The company has a market cap of over Rs 1,500 crore and the stock is up by 16 per cent from its 52-week low of Rs 27.54 per share. The shares of the company have an ROE of 12 per cent and an ROCE of 12 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.