Hatsun Agro Product Limited Announces Transfer of Unclaimed Dividend and Shares to IEPF

1 min read     Updated on 21 Mar 2026, 05:32 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Hatsun Agro Product Limited issued a notice on 21st March 2026 regarding transfer of unclaimed dividend and equity shares to IEPF under SEBI LODR Regulations 2015. The company published advertisements in Financial Express and Makkal Kural to inform shareholders about transfer of dividends unclaimed for seven consecutive years. Company Secretary C Subramaniam signed the compliance notice submitted to BSE and NSE exchanges.

powered bylight_fuzz_icon
35640170

*this image is generated using AI for illustrative purposes only.

Hatsun Agro Product Limited has announced the transfer of unclaimed dividend and equity shares to the Investor Education and Protection Fund (IEPF) in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company issued a formal notice to stock exchanges on 21st March 2026, outlining the regulatory compliance measures undertaken.

Regulatory Compliance Notice

The company submitted its notice to both major stock exchanges, providing comprehensive details about the IEPF transfer process.

Exchange Details: Information
BSE Stock Code: 531531
NSE Stock Code: HATSUN
Notice Reference: HAPL\SEC\69\2025-26
Date: 21st March 2026

Newspaper Advertisement Publication

Hatsun Agro Product Limited published newspaper advertisements to inform shareholders about the transfer process. The company ensured wide reach by publishing in both English and regional language publications.

Publication Details: Information
English Publication: Financial Express
Tamil Publication: Makkal Kural
Purpose: Inform shareholders about IEPF transfer
Coverage: Unclaimed dividends and related equity shares

Transfer Criteria and Timeline

The transfer encompasses dividends that have remained unclaimed for seven consecutive years along with the corresponding equity shares. This action aligns with the provisions of SEBI regulations aimed at protecting investor interests through the IEPF mechanism.

Corporate Information

The notice was signed by C Subramaniam, Company Secretary and Compliance Officer, demonstrating the company's commitment to regulatory compliance. Hatsun Agro Product Limited operates with CIN L15499TN1986PLC012747 and maintains its registered office in Chennai, Tamil Nadu.

Brand Portfolio

The company operates multiple brands across dairy and ice cream segments, including Arun ice creams, Hatsun dairy products, Ibaco ice cream destination, and various other consumer brands in the food and beverage sector.

Historical Stock Returns for Hatsun Agro Product

1 Day5 Days1 Month6 Months1 Year5 Years
-2.50%-5.69%+3.34%+3.21%-6.71%+30.36%

How might the IEPF transfer impact Hatsun Agro's shareholder base and future dividend distribution strategies?

What steps is Hatsun Agro planning to implement to reduce unclaimed dividends and improve shareholder engagement going forward?

Could this regulatory compliance action signal broader corporate governance improvements that might attract institutional investors?

Hatsun Agro Releases Chairman's CNBC TV Interview Transcript with Business Updates

2 min read     Updated on 20 Mar 2026, 11:05 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Hatsun Agro Product Limited has released the complete transcript of Chairman R G Chandramogan's CNBC TV interview, providing detailed business insights including revenue targets of ₹10,000.00 crores, cost pressures from 8.00% higher milk procurement prices and 30-40% packaging material cost increases, geographic expansion with 45.00% sales outside Tamil Nadu, and superior margins through direct distribution strategy.

powered bylight_fuzz_icon
35213465

*this image is generated using AI for illustrative purposes only.

Hatsun Agro Product Limited has released the complete transcript of Chairman R G Chandramogan's interview with CNBC TV, conducted on March 16, 2026. The company has made this documentation available in compliance with SEBI regulatory requirements and to provide stakeholders with detailed insights into the company's current performance and outlook.

Regulatory Compliance and Documentation

The dairy products manufacturer has fulfilled its commitment to provide a complete transcript by March 20, 2026, as initially promised. This disclosure follows Regulation 30 – Schedule III, Part A, Para A, item 15(b)(iii) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transcript is hosted on the company's website at https://www.hap.in/investor-meetings-and-quarterly-calls.php as per regulatory requirements.

Parameter: Details
Interview Date: March 16, 2026
Media Platform: CNBC TV
Interviewee: R G Chandramogan, Chairman
Transcript Release: March 20, 2026
Filing Reference: HAPL\SEC\68\2025-26

Business Performance and Revenue Outlook

During the interview, Chairman Chandramogan revealed that the company is operating at a run rate close to ₹10,000.00 crores, indicating strong business momentum. The 9-month revenue, including acquisitions, grew by approximately 14.00%, demonstrating mid-teens growth performance. The Chairman expressed cautious optimism about achieving the revenue target, stating they may hit the mark with a variance of plus or minus 1.00%.

Cost Pressures and Operational Challenges

The company faces significant cost pressures with milk procurement prices increasing by approximately 8.00%, while the company has implemented price increases of around 6.00% to offset these costs. Additionally, packaging material costs have surged by 30.00% to 40.00% due to supply chain disruptions, creating operational challenges for the business.

Cost Factor: Impact
Milk Procurement Prices: +8.00%
Product Price Increase: +6.00%
Packaging Material Costs: +30.00% to 40.00%
Inventory Buffer: 1.5 months

Geographic Expansion and Market Position

The Chairman highlighted the company's geographic diversification strategy, with sales outside Tamil Nadu currently representing 45.00% of total revenue. The company targets increasing this proportion to 50.00% within the next two years. Hatsun Agro operates four market-leading brands: Arun ice cream, Arokya milk, Ibaco, and Hatsun, maintaining superior margins compared to listed peers through its unique distribution model of approximately 4,500 outlets across the country.

Financial Structure and Distribution Strategy

The company has significantly improved its financial position, reducing the debt-equity ratio to less than 1:1 from previous levels of 1:2 or 1:3. The Chairman emphasized their focus on consumer business rather than the Horeca segment, maintaining zero receivables through their direct distribution network. This strategy has enabled margins that are 1.50 to 2.00 times higher than listed peers, though it requires substantial infrastructure investment.

Historical Stock Returns for Hatsun Agro Product

1 Day5 Days1 Month6 Months1 Year5 Years
-2.50%-5.69%+3.34%+3.21%-6.71%+30.36%

How will Hatsun Agro manage the 2% margin gap between milk procurement cost increases (8%) and product price increases (6%) in the coming quarters?

What specific strategies will the company implement to achieve its target of 50% revenue from outside Tamil Nadu within the next two years?

How might the 30-40% surge in packaging material costs impact Hatsun's superior margin advantage over listed peers in 2026-27?

More News on Hatsun Agro Product

1 Year Returns:-6.71%