Hatsun Agro to transfer unclaimed shares to IEPF by August 24

2 min read     Updated on 23 May 2026, 07:51 AM
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Reviewed by
Jubin VScanX News Team
AI Summary

Hatsun Agro Product Limited is set to transfer unclaimed dividends and equity shares to the Investor Education and Protection Fund (IEPF) if not claimed by August 24, 2026. The company has issued a notice detailing the procedure for the transfer of shares held in both physical and demat forms that have had unclaimed dividends for seven consecutive years. Furthermore, a special window is open until February 4, 2027, for the dematerialisation of physical securities purchased before April 1, 2019.

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Hatsun Agro Product Limited has informed the stock exchanges regarding the transfer of unclaimed dividends and equity shares to the Investor Education and Protection Fund (IEPF). In compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has published advertisements in the Financial Express and Makkal Kural to notify shareholders about this regulatory requirement.

Transfer of Unclaimed Dividends and Shares

The company stated that shares in respect of which dividend has not been paid or claimed for seven consecutive years or more are liable to be transferred to the DEMAT Account of the IEPF Authority. Hatsun Agro will send individual notices to concerned shareholders at their latest available addresses. The full details of such shareholders and shares due for transfer have been uploaded on the company's website at www.hap.in .

Shareholders holding shares in physical form should note that the company will issue duplicate share certificates for the purpose of transfer to the IEPF. Consequently, the original share certificates registered in their names will stand automatically cancelled and deemed non-negotiable. The details uploaded on the website shall be deemed adequate notice regarding the issue of duplicate certificates.

Shareholder Action Required

If the company does not receive any communication from the concerned shareholders by August 24, 2026, it will proceed to transfer the shares and unclaimed dividend to the IEPF Authority as per the stipulated procedures. Shareholders may note that both the unclaimed dividend and the shares transferred to the IEPF, including all accruing benefits, can be claimed back from the Authority by following the prescribed procedure.

Special Window for Dematerialisation

Pursuant to a SEBI circular dated January 30, 2026, the company has informed shareholders about a special window for the transfer and dematerialisation of physical securities. This facility is available for one year, from February 5, 2026, to February 4, 2027. It applies to physical securities that were sold or purchased prior to April 1, 2019, including fresh lodgements and requests that were previously rejected or returned due to deficiencies.

Shares lodged for transfer during this window will be processed only in demat mode and will be subject to a lock-in period of one year from the date of registration of transfer. Shareholders can avail of this opportunity by submitting the requisite documents to the company's Registrar and Share Transfer Agent, Integrated Registry Management Services Private Limited.

Contact Detail Information
Agent Name Integrated Registry Management Services Private Limited
Address No.30, Ramana Residency, 4th Cross, Sampige Road, Malleswaram, Bangalore - 560 003
Phone (080) 2346 0815 to 818
Fax (080) 2346 0819
Email gopi@integratedindia.in

Historical Stock Returns for Hatsun Agro Product

1 Day5 Days1 Month6 Months1 Year5 Years
-1.34%+0.27%-6.76%-12.07%+3.30%+9.32%

How might the volume of unclaimed shares transferred to IEPF impact Hatsun Agro's shareholder base composition and future voting dynamics?

What percentage of Hatsun Agro's total outstanding shares are at risk of being transferred to IEPF, and how could this affect retail investor sentiment?

Could the one-year lock-in period for shares processed under the special dematerialisation window deter shareholders from utilizing the facility, potentially increasing IEPF transfers?

Hatsun Agro FY26 Net Profit Rises 27.76% to ₹356.20 Crore

1 min read     Updated on 20 May 2026, 04:33 AM
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Hatsun Agro Product reported a 27.76% rise in FY26 net profit to ₹356.20 crore, with revenue increasing 14.48% to ₹9,959.22 crore. The board declared a 1000% interim dividend and appointed a cost auditor.

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Hatsun Agro Product has announced its audited financial results for the financial year ended March 31, 2026, reporting a year-on-year increase in both revenue and net profit. The board also approved the appointment of a cost auditor and declared an interim dividend for the financial year 2026-27.

Financial Performance for FY26

For the year ended March 31, 2026, the company reported revenue from operations of ₹9,959.22 crore, up from ₹8,699.76 crore in the previous year. Net profit for the period rose to ₹356.20 crore compared to ₹278.81 crore in FY25. Profit before tax for the year stood at ₹470.46 crore.

The following table summarizes the key financial metrics for the year:

Metric: FY26 (Audited) FY25 (Audited)
Revenue from Operations: ₹9,959.22 crore ₹8,699.76 crore
Net Profit: ₹356.20 crore ₹278.81 crore
Total Income: ₹9,972.94 crore ₹8,719.32 crore
Total Expenses: ₹9,502.48 crore ₹8,342.02 crore

Quarterly Performance

For the quarter ended March 31, 2026, revenue from operations was ₹2,577.63 crore, while net profit stood at ₹50.89 crore. In the corresponding quarter of the previous year, revenue was ₹2,242.85 crore and net profit was ₹43.01 crore. The statutory auditors issued an unmodified opinion on the audited financial results for the year and an unmodified conclusion on the review of the quarterly results.

Dividend Declaration

The Board of Directors declared an interim dividend of ₹10.00 per equity share, or 1000%, on the fully paid-up equity shares of Re. 1 each. This is the first interim dividend declared for the financial year 2026-27. The company has fixed May 26, 2026, as the record date for the purpose of payment, with the dividend to be paid on or before June 17, 2026.

Board Decisions

In addition to the financial results, the board appointed M/s. Ramachandran & Associates, Cost Accountants, as the Cost Auditors for FY 2026-27. The board also reconstituted the Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee, effective May 19, 2026.

Historical Stock Returns for Hatsun Agro Product

1 Day5 Days1 Month6 Months1 Year5 Years
-1.34%+0.27%-6.76%-12.07%+3.30%+9.32%

How might Hatsun Agro Product sustain its ~14.5% revenue growth trajectory in FY27 amid potential fluctuations in raw milk procurement costs and competitive pressures in the dairy sector?

Could the reconstitution of key board committees signal upcoming strategic shifts in governance or capital allocation that may impact future dividend policies beyond the declared ₹10 per share?

Given that Q4 FY26 net profit margin appears lower than the full-year average, what seasonal or operational factors could weigh on Hatsun's profitability in the first half of FY27?

More News on Hatsun Agro Product

1 Year Returns:+3.30%