Hatsun agro product Limited has announced the availability of a video interview featuring Chairman R G Chandramogan on CNBC TV, recorded on March 16, 2026. The company has disclosed this information in compliance with SEBI regulatory requirements.

Regulatory Compliance and Disclosure

The dairy products manufacturer has made the interview video accessible through its official website at https://www.hap.in/video.php . This disclosure follows Regulation 30(2) – Schedule III, Part A, Para A, item 15(b)(ii) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Documentation and Timeline

The company has committed to providing a complete transcript of the interview by March 20, 2026. This additional documentation will supplement the video content already made available to stakeholders and the public.

Corporate Information

Hatsun Agro Product Limited operates with its registered office located at Janakiram Colony, Arumbakkam, Chennai, and maintains its corporate office at Sholinganallur, Chennai. The company secretary C Subramaniam signed the regulatory filing on March 16, 2026.

The disclosure demonstrates the company's adherence to transparency requirements under SEBI regulations, ensuring stakeholders have access to management communications and interviews conducted on public media platforms.

Hatsun Agro Product Limited has received regulatory approval for its strategic consolidation move, with the Hon'ble National Company Law Tribunal (NCLT), Cuttack Bench sanctioning the amalgamation scheme with its wholly-owned subsidiary Milk Mantra Dairy Private Limited.

NCLT Order Details

The tribunal issued its order on March 10, 2026, approving the Scheme of Amalgamation with retrospective effect from April 1, 2025. The decision consolidates the group structure by merging Milk Mantra Dairy Private Limited (transferor company) into Hatsun Agro Product Limited (transferee company).

Strategic Rationale

The amalgamation serves multiple strategic objectives for the dairy and food products company. The primary purposes include consolidating the group structure, achieving synergies in business activities, and increasing the combined entity's financial strength and flexibility. Since Hatsun Agro Product Limited holds the entire share capital of Milk Mantra Dairy Private Limited through its nominees, the transaction represents a straightforward subsidiary absorption.

Regulatory Compliance Process

The tribunal dispensed with several procedural requirements due to the nature of the transaction. All equity shareholders and preference shareholders of the transferor company provided written consent through affidavits, eliminating the need for formal meetings. Similarly, over 90% of unsecured creditors in value terms consented to the scheme, while the company had no secured creditors.

Implementation Timeline

The scheme will become effective upon filing certified copies of the NCLT order with the Registrar of Companies by both the transferor and transferee companies. Hatsun Agro Product Limited has committed to inform stock exchanges about the completion of this filing process in due course.

Financial and Operational Impact

Under the approved scheme, no new shares will be issued, keeping the capital structure of Hatsun Agro Product Limited unchanged. All assets, liabilities, duties, and obligations of Milk Mantra Dairy Private Limited will transfer to the parent company without further legal procedures. The transferee company will account for the amalgamation using the "pooling of interest method" as prescribed under Indian Accounting Standards.

The tribunal emphasized that the sanction does not exempt the companies from paying applicable stamp duty, taxes, or other statutory charges. All legal proceedings involving the transferor company will continue with the transferee company, while Milk Mantra Dairy Private Limited will be dissolved without winding up upon scheme implementation.