Joint Venture5 Mar 2025, 06:03 pm
HMA Agro Industries Ltd Enters Facilities Agreement with Marya Frozen Agro Food Products for Slaughtering and Processing of Frozen Halal Meat
AI Summary
HMA Agro Industries Ltd has entered into a Facilities Agreement with Marya Frozen Agro Food Products Private Limited for availing facilities for slaughtering, chilling, processing, freezing and packing of frozen Halal boneless buffalo meat. The agreement has a term of two years starting from 03.03.2025. Marya Frozen Agro Food Products Private Limited will arrange all required certificates for processing of goods and necessary insurance for the manufacturing facility at their own cost. The agreement does not classify as a related party transaction under the SEBI Listing Regulations for the Company.
Key Highlights
- HMA Agro Industries Ltd has entered into a Facilities Agreement with Marya Frozen Agro Food Products Private Limited.
- The agreement is for slaughtering, chilling, processing, freezing and packing of frozen Halal boneless buffalo meat.
- The term of the agreement is two years starting from 03.03.2025.
- Marya Frozen Agro Food Products Private Limited will arrange all required certificates and necessary insurance.
- The agreement does not classify as a related party transaction under the SEBI Listing Regulations for the Company.