Hatsun Agro Product Limited — JV/Acquisition, 28-04-2025: Amalgamation/Merger

Hatsun Agro Product Limited is set to merge with its wholly-owned subsidiary, Milk Mantra Dairy Private Limited, to enhance operational efficiencies and strengthen market positioning. The merger aims to consolidate resources, improve cash flow management, and scale manufacturing operations, ultimately maximizing shareholder value. Following the merger, no shares will be exchanged as the shares of the subsidiary will be extinguished, leaving the shareholding pattern of Hatsun Agro unaffected. The combined entity is expected to leverage improved distribution networks and a larger resource base, which could enhance product offerings and competitive capability in the dairy sector.