HMA Agro Industries secures new credit facilities from Canara Bank, HDFC Bank
HMA Agro Industries Limited's Board of Directors, meeting on November 1, 2025, approved securing new credit and capital facilities. The company obtained approval for Export Credit Limit and Working Capital Facilities from Canara Bank, amounting to approximately ₹70.00 Crores. These facilities may encompass Export Packing Credit (EPC), Foreign Bills Discounting (FBD), and Credit Exposure Limit (CEL).
Additionally, the Board sanctioned availing a Commercial Card Programme from HDFC Bank. This program will provide a credit facility with an overall limit of ₹1,00,00,000/- in the company's name. These strategic financial moves are set to support the company's operational and export-related activities.
The meeting commenced at 05:45 p.m. and concluded at 06:05 p.m., with Nikhil Sundrani, company secretary and compliance officer, signing off on the intimation.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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