30-Sep-2026Today's Market Indicators


HMA Agro Industries' credit ratings reaffirmed by CARE Ratings, including facilities with SBI and Yes Bank
(17:05, 29 Sep 2026)

HMA Agro Industries Ltd. has announced reaffirmations and enhancements to its credit ratings across multiple instruments and agencies, with CARE Ratings Limited reaffirming Long Term / Short Term Bank Facilities at CARE A- (Stable), previously enhanced from 1,231.00 to 1,731.00, and Short Term Bank Facilities at CARE A2+, alongside reaffirmations for additional Fund Based Limits totaling 19.00 with State Bank of India, Yes Bank Ltd., Canara Bank, HDFC Bank Ltd., and a proposed facility of 506.00; CARE Ratings Ltd. has assigned a BB+ (Stable) rating to Bank Loan facilities of INR 50 crore, noting the possibility of annual surveillance/review and potential revision/reaffirmation/withdrawal, while also indicating that ratings for certain Bank Facilities are unavailable due to a lack of issuer cooperation; furthermore, CARE Ratings indicated no further details are available for certain instruments, and CareEdge Ratings affirmed that ratings reflect opinions as of the date of the rating, with no specific rating action detailed, and unspecified agencies have provided a reaffirmation with further details unavailable.