Care assessments to new CEO: 5 Reasons why this small cap under £ 50 will be in focus tomorrow? | Einsmark news

Small cap shares below £ 50: HMA Agro Industries Limited shares will be in focus on Wednesday, April 23, after the company announced a series of corporate actions according to a BSE filing. 5 Reasons why HMA Agro will be in focus 1. Approval of Related Party Transactions (RPTS): The Board of Directors approved on Tuesday to enter into a related party transaction in the financial year 2025-26. 2.. Conversion of loan to shares to shares: The council also approved the proposal of converting its outstanding loan into shares in one of the subsidiaries of the company, namely HMA Natural Foods Private Ltd., in accordance with the applicable laws and provisions of the firm. 3. Care Judges: The Credit Ratings Agency Care ratings awarded a care A2+ in the short term for the financial year 2025-26. The agency also attributes the strong liquidity position of the business, operating performance and healthy prospects. 4. Statutory and Regulatory Compliance: The company also noted the various statutory and regulatory compliance to be carried out in terms of the Companies Act, 2013. They also ordered the appropriate steps to be taken to ensure timely compliance. 5. Appointment of new CEO: The Board of Directors also approved the appointment of their new CEO (CEO), Gulzeb Ahmed, with immediately. Ahmed currently serves as the Chief Financial Officer (CFO) and the entire director of all the time, and will take the company as its new CEO of the company. “With its extensive experience, strategic leadership and an in -depth understanding of the company’s operations and global trade practices, the board is confident that its appointment as CEO will further strengthen the management structure and track of business growth,” the company said in the BSE. HMA Agro Industries’ share price HMA Agro Industries shares closed 2.28 percent higher at £ 33.15 after Tuesday’s stock market, compared to £ 32.41 in the previous stock market. The company announced the updates of the corporate action in the afternoon session on April 22. The company’s shares hit their 52-week high level at £ 66.37 on April 4, 2024, while the 52-week was low level on April 1, 2025 on April 1, 2025, according to the BSE website. HMA Agro Industries shares have lost 43.14 percent over the past five years and 47.22 percent in the one-year period. In the last period of one month, the company shares have risen 4.01 percent and 7.97 percent in the last five stock market sessions. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions. First published: 22 Apr 2025, 22:24 IST