Upcoming 30% Dividend Payout By FMCG Stock: August 22 Fixed As Record Date; Check Details

At its meeting held on Monday, August 04, 2025, the Board of Directors of HMA Agro Industries Limited, an Indian food and agricultural products company best known for exporting frozen buffalo meat, decided to recommend a final dividend of Rs. 0.30/-per equity share (30%) for the fiscal year 2024-2025. Friday, August 22, 2025, has been set as the Record Date/Cut-off Date for determining the eligibility of shareholders to receive the final dividend subject to shareholders' approval at the AGM as per a regulatory filing.

Additionally, Ms. Bhawna Jain was appointed by the Board as a Non-Executive Independent Director for a period of five (5) years in a row.

As per its official request in April 2025, HMA Agro Industries Limited reported on August 1st that CRISIL Ratings Limited has withdrawn its credit rating. The firm informed stock exchanges that although CRISIL had revoked the rating, it had placed HMA Agro in the "Issuer Not Cooperating" (INC) category, a classification the company strongly opposes.

"We would like to clarify that the Company had formally requested withdrawal of the credit rating on 3rd April 2025. However, the rating agency has subsequently withdrawn the rating under the category "Issuer Not Cooperating (INC)", which the Company strongly disagrees with. The Company has always maintained a transparent and professional relationship with CRISIL Ratings and fulfilled all its obligations in a timely manner. We believe that the assignment of the "INC" status post our withdrawal request is unjustified and misrepresents the facts. The Company views this as an unwarranted action, especially considering the longstanding engagement and cooperation extended to the rating agency over the years. We wish to affirm that the Company had provided timely intimation to the rating agency and complied with all applicable formalities for the withdrawal of the rating," said HMA Agro Industries in a stock exchange filing.

As of the latest data from the BSE, HMA Agro Industries' share price is approximately RS 30.58. The stock experienced a decline today, trading at a decrease of about 1.80% from its previous closing price of Rs 31.10. The company's shares have a 52-week high of Rs 53.30 and a 52-week low of Rs 27.54. The market value of the firm is around Rs 1,529 crore.

Processing and exporting frozen buffalo meat and meat products is the main activity of HMA Agro Industries. The HMA Group is a major producer and exporter of seafood, pet food, rice, frozen boneless buffalo meat, and finished leather from India. The company was established in 2008 and is a major force in the export of frozen buffalo meat from India. Packaged under names like "Black Gold," "Kamil," and "HMA," HMA Agro sells its products to more than 40 nations.