Hma Agro Industries Ltd has officially withdrawn its proposed arrangement with Marya Frozen Agro after the agreement failed to take effect due to non-acceptance of terms by Marya. The decision halts plans for facility integration and reflects a breakdown in commercial alignment between the two parties.
Hma Agro Industries Ltd, one of India’s leading exporters of frozen buffalo meat, announced the termination of its proposed agreement with Marya Frozen Agro. The company had earlier planned to integrate certain facilities under a collaborative arrangement, but the deal did not materialize due to Marya’s non-agreement on key terms.
In a regulatory filing dated November 6, 2025, Hma Agro confirmed that the agreement was never implemented and has now been formally withdrawn. The company emphasized that the decision will not impact its ongoing operations or export commitments, and it remains focused on expanding its processing capacity through other strategic avenues.
The withdrawal underscores the importance of commercial clarity and mutual alignment in facility partnerships, especially in regulated sectors like food processing and exports.
Notable Updates
- Hma Agro Industries withdraws agreement with Marya Frozen Agro
- Deal failed due to non-agreement of terms by Marya
- No implementation of proposed facility arrangement
- Company assures no disruption to current operations
- Focus remains on alternate expansion strategies
Sources: Business Standard, Moneycontrol, Hma Agro Industries Regulatory Filing, Economic Times