HMA Agro Industries Ltd., a leader in handled foods and agro productsconsidered and approved the sanction of various credit Facilities amounting to Rs. 1,600 Mn granted by HDFC Bank Limited (HDFC Bank) to the Company.
Recently, the board announced that it has entered into facilities Agreements with AL RAIYAN EXPORT for availing facilities for slaughtering, chilling, processing, freezing and packing of frozen Halal boneless buffalo meat.
Earlier, the company entered into a MOU with Perbadanan Kemajuan Pertanian Selangor (“PKPS” or “Selangor Agricultural Development Corporation”), a government entity from the state of Selangor, Malaysia which was signed in the presence of Hon’ble Chief Minister of Selangor state of Malaysia. The MOU outlines a strategic joint collaboration between HMA and PKPS for the supply of frozen boneless buffalo meat and exploring other initiatives, including joint research projects to address challenges by leveraging the expertise of both organizations.