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Hatsun Agro Product LimitedJV/Acquisition, 10-03-2025: Acquisition

10-03-2025 | 10:45 pm

Hatsun Agro Product Limited has completed the acquisition of an additional 2,500 equity shares of Milk Mantra Dairy Private Limited for a consideration of ₹0.08 Crore. This brings HAP's total holdings to 31,64,056 equity shares and 16,06,372 compulsorily convertible preference shares, representing 99.89% of Milk Mantra's issued and paid-up equity and preference share capital. This strategic move aims to consolidate HAP's position in the dairy sector, enhancing market presence and operational efficiencies. The overall investment in this acquisition amounts to ₹232.88 Crore.

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