Hatsun Agro Product Limited has informed the Exchange about Update on Scheme of Amalgamation amongst Milk Mantra Dairy Private Limited with Hatsun Agro Product Limited by the order of Hon'ble National Company Law Tribunal, Cuttack Bench
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Hatsun Agro Product Limited has completed the amalgamation of Milk Mantra Dairy Private Limited with itself, as sanctioned by the NCLT Cuttack Bench via order dated 10th March 2026. The order was filed with the Registrar of Companies on 31st March 2026, making the Effective Date 1st April 2025. Milk Mantra Dairy is now deemed to have been merged into Hatsun Agro Product from that appointed date. As a result, the authorized share capital of Hatsun has been increased to Rs. 49.5 crores, comprising 42.5 crore equity shares of Re.1 each and 7 lakh preference shares of Rs.100 each, with corresponding amendments to the MOA.
The merger is now legally effective, expanding Hatsun's dairy business footprint through the absorption of Milk Mantra Dairy. Shareholders should expect consolidation of operations, potential synergy benefits, and possible changes in shareholding structure arising from the increased authorized capital.