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Hatsun Agro Product Limited ( (IN:HATSUN) ) has shared an announcement.
Hatsun Agro Product Limited announced that the National Company Law Tribunal, Cuttack Bench, has sanctioned the amalgamation of Milk Mantra Dairy Private Limited with the company, and the order has been filed with the respective Registrars of Companies. As a result, Milk Mantra Dairy will be deemed merged with Hatsun Agro Product Limited effective from the appointed date of 1 April 2025.
Following the amalgamation becoming effective, Hatsun Agro Product Limited has increased its authorised share capital to Rs. 49.5 crore, comprising 42.5 crore equity shares of Re.1 each and 7 lakh preference shares of Rs.100 each. Consequently, the capital clause of the company’s Memorandum of Association has been amended, reflecting an expanded capital base that may support future growth and integration of the merged operations.
More about Hatsun Agro Product Limited
Hatsun Agro Product Limited is a dairy-focused food company engaged in processing and marketing milk and milk products. The company operates in the Indian consumer foods sector, with a strong presence in value-added dairy segments and a focus on branded offerings for retail customers across multiple regions.
Average Trading Volume: 4,860
Technical Sentiment Signal: Hold
Current Market Cap: 205B INR
For a thorough assessment of HATSUN stock, go to TipRanks’ Stock Analysis page.