Hatsun Agro Product Limited has informed the Exchange about Intimation of the sanction of Scheme of Amalgamation amongst Milk Mantra Dairy Private Limited with Hatsun Agro Product Limited by the Hon'ble National Company Law Tribunal, Cuttack Bench
HATSUN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.9 pts more than Nifty Microcap 250 and 3.3 pts more than its Dairy Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The National Company Law Tribunal (NCLT), Cuttack Bench, has sanctioned the Scheme of Amalgamation of Milk Mantra Dairy Private Limited, a wholly-owned subsidiary of Hatsun Agro Product Limited, with Hatsun Agro Product Limited, vide its order dated 10th March 2026. The appointed date for the amalgamation is 1st April 2025, and the purpose is to consolidate the group structure, achieve business synergies, and strengthen the combined entity's financial flexibility. Since Milk Mantra Dairy is a wholly-owned subsidiary, no new shares will be issued by Hatsun Agro and there is no dilution of shareholding. The subsidiary will be dissolved without winding up, and the scheme will become effective once the certified copy of the order is filed with the Registrar of Companies by both companies.
This is a routine internal restructuring with no impact on Hatsun's share capital or shareholder dilution. Investors should expect operational synergies and a leaner group structure, though the financial impact on the listed entity is likely minimal since the subsidiary was already wholly-owned.