Hatsun Agro Product Limited has informed the Exchange about General Updates
HATSUN · price
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On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.7 pts less than its Dairy Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Hatsun Agro Product has informed the exchanges about receiving an income tax assessment order for Assessment Year 2024-2025. The order, passed under Section 143(3) read with Section 156 of the Income Tax Act, 1961, was received on 9th March 2026. The Income Tax Department has raised a tax demand of Rs. 2.89 crores against the company. The company has stated that it is in the process of filing an appeal against this order. This disclosure was made under Regulation 30 of the SEBI Listing Regulations as a general corporate update.
The tax demand of Rs. 2.89 crores is relatively small compared to the company's overall size and is unlikely to materially affect operations or financials, especially since the company plans to contest it through an appeal. Shareholders should monitor the appeal outcome, but no immediate negative impact on the stock is expected from this disclosure alone.