Hatsun Agro Product Limited — JV/Acquisition, 28-02-2025: Acquisition
28-02-2025 | 04:56 pm
28-02-2025 | 04:56 pm
Hatsun Agro Product Limited has completed the acquisition of 54,687 equity shares of Milk Mantra Dairy Private Limited, paying a gross purchase consideration of Rs. 0.87 Crores. This adds to the previous purchases, bringing Hatsun's total ownership to 99.80% of Milk Mantra's equity and preference share capital, after cumulative investments of Rs. 232.77 Crores. The strategic purpose of this acquisition is to enhance market presence and operational synergies, which could favorably impact future growth prospects and shareholder value.
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