Hatsun Agro Product Limited — JV/Acquisition, 11-02-2025: Acquisition

Hatsun Agro Product Limited has completed the acquisition of an additional 2,418 equity shares in Milk Mantra Dairy Private Limited for a total consideration of Rs. 0.10 Crores. To date, Hatsun has cumulatively acquired 30,92,964 equity shares and 16,06,372 compulsorily convertible preference shares for a total amount of Rs. 231.54 Crores. This acquisition raises Hatsun's ownership stake in Milk Mantra to 98.40%, strengthening its market presence and operational control, which could enhance synergies and drive growth.