ALPHA TRIBE

HMA Agro Industries LimitedBoard Meeting, 22-04-2025: Outcome of Board Meeting

22-04-2025 | 12:52 pm

The Board has approved several key decisions, including granting omnibus approval for Related Party Transactions during FY 2025-26 and converting a loan of approximately ₹3.03 Cr into equity shares in its subsidiary, HMA Natural Foods Private Limited, increasing the Company's stake from 90.36% to 95.66%. Additionally, the Board acknowledged a short-term credit rating of CARE A2+ from CARE Ratings, reflecting a strong liquidity position and outlook. Mr. Gulzeb Ahmed has been appointed as Chief Executive Officer, bolstering the company's management structure.

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