Hatsun Agro Product Limited — JV/Acquisition, 23-05-2025: Amalgamation/Merger

Hatsun Agro Product is merging its wholly-owned subsidiary Milk Mantra Dairy Private Limited to streamline operations and boost synergies in the milk products segment. The merger will consolidate resources, expand manufacturing capacity, improve market reach, and strengthen financials. Since Hatsun fully owns Milk Mantra, no new shares will be issued; Milk Mantra’s paid-up capital will be cancelled. This move is expected to enhance operational efficiency and support future growth.