Hatsun Agro Product Limited — Others, 06-02-2025: Shareholders meeting

Hatsun Agro Product Limited has announced a board meeting to dispatch a Postal Ballot Notice and Form, seeking shareholder consent on a proposed resolution regarding the revised remuneration for Managing Director Mr. J Shanmuga Priyan, effective from November 1, 2024, to September 11, 2029. The proposed basic salary is ₹2.22 lakh per month, with additional allowances, and the resolution will be voted on via electronic and physical means until March 10, 2025. This development could positively impact management alignment and operational strategy, potentially enhancing investor sentiment as the company demonstrates a commitment to appropriate compensation practices.