Hatsun Agro Product Limited Shareholders Approve Reappointment of Independent Director Through Postal Ballot

2 min read     Updated on 23 Jan 2026, 01:41 PM
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Reviewed by
Radhika SScanX News Team
Overview

Hatsun Agro Product Limited shareholders approved the reappointment of Mr. V R Muthu as Non-Executive Independent Director through postal ballot voting concluded on January 21, 2026. The special resolution passed with 88.49% approval from 195.32 million shares voted, representing 87.69% participation of outstanding shares. The e-voting process was scrutinized by Mr. Ramanathan Nachiappan of S Dhanapal & Associates LLP, with results declared on January 23, 2026.

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

Hatsun Agro Product Limited has successfully completed its postal ballot process, with shareholders approving the reappointment of Mr. V R Muthu as Non-Executive Independent Director. The company announced the results on January 23, 2026, following the conclusion of the e-voting process on January 21, 2026.

Postal Ballot Results

The special resolution for Mr. V R Muthu's reappointment received overwhelming shareholder support, with detailed voting results demonstrating strong confidence in the appointment.

Voting Parameter Details
Total Valid Votes Cast 19,53,24,113 shares
Votes in Favour 17,28,40,619 shares
Votes Against 2,24,83,494 shares
Approval Percentage 88.49%
Total Members Participated 233

Shareholder Category Breakdown

The voting pattern across different shareholder categories revealed varying levels of support for the resolution.

Category Shares Held Votes Polled Polling % Votes in Favour Approval %
Promoter Group 16,29,78,112 16,29,78,112 100.00% 16,29,78,112 100.00%
Public Institutions 3,00,57,212 2,40,72,493 80.09% 20,27,954 8.42%
Public Non-Institutions 2,97,12,944 82,73,508 27.84% 78,34,553 94.69%

Voting Process Details

The postal ballot process was conducted entirely through electronic voting, with the company utilizing NSDL's e-voting platform. The cut-off date for determining eligible shareholders was December 19, 2025, and the postal ballot notice was dispatched on December 22, 2025.

Process Parameter Details
Cut-off Date December 19, 2025
Notice Dispatch Date December 22, 2025
E-voting Period End January 21, 2026 (5:00 PM)
Results Declaration January 23, 2026
Overall Participation 87.69% of outstanding shares

Appointment Details

Mr. V R Muthu (DIN: 01908841) has been reappointed as a Non-Executive Independent Director for his second and final term of five consecutive years. The appointment follows regulatory requirements under the Companies Act, 2013, and SEBI regulations.

Scrutinizer Report

Mr. Ramanathan Nachiappan, Designated Partner of S Dhanapal & Associates LLP, served as the scrutinizer for the postal ballot process. The scrutinizer confirmed that all procedural requirements were met and the voting process was conducted in accordance with applicable regulations. The company has submitted the scrutinizer report and voting results to both BSE and NSE as required under Regulation 44 of SEBI (LODR) Regulations, 2015.

Historical Stock Returns for Hatsun Agro Product

1 Day5 Days1 Month6 Months1 Year5 Years
+2.32%+2.95%-7.29%+0.24%-10.57%+29.43%

Arun Icecreams Achieves Guinness World Record with 4,008 Children in Chennai

2 min read     Updated on 21 Jan 2026, 04:55 PM
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Reviewed by
Riya DScanX News Team
Overview

Hatsun Agro Product Limited's Arun Icecreams brand achieved a Guinness World Record on January 21, 2026, with 4,008 children in Chennai forming the longest chain of people licking ice cream. The record surpassed a 15-year-old achievement from Canada involving approximately 2,500 participants. The event was officially recognized by Guinness World Record representatives, with the certificate presented to company leadership in the presence of eight participating schools across Chennai.

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

Hatsun Agro Product Limited announced a remarkable achievement for its Arun Icecreams brand, which successfully set a new Guinness World Record on January 21, 2026. The ice cream manufacturer brought together 4,008 children in Chennai to create the longest chain of people licking ice cream, marking a significant milestone for the Indian dairy company.

Record-Breaking Achievement Details

The Guinness World Record attempt took place in Chennai, where participants formed a human chain while consuming Arun Icecreams products. The record was achieved through a coordinated effort where children consumed ice cream continuously for one minute while holding hands and offering ice cream to the person on their right, creating a seamless chain experience.

Record Parameter: Details
Number of Participants: 4,008 children
Location: Chennai
Date: January 21, 2026
Duration: One minute continuous consumption
Product Used: Butterscotch and chocolate-flavoured Jolly Train
Previous Record: ~2,500 students in Canada (15 years ago)

The children participating in the record attempt enjoyed Arun Icecreams butterscotch and chocolate-flavoured Jolly Train products, which are made with real milk and cream. This achievement surpassed the previous record set in Canada 15 years ago with approximately 2,500 students.

Official Recognition and Leadership Response

The Guinness World Record received official recognition from Mr. Richard William Stenning from the UK Guinness Team and Mr. Milind Verlekar from the Pune Guinness Team. The certificate and honor were presented to Mr. C. Sathyan, Vice Chairman of Hatsun Agro Product Limited.

Mr. R. G. Chandramogan, Chairman of Hatsun Agro Product Limited, commented on the achievement: "This is a truly cherished moment to see over 4,000 children come together to set a Guinness World Record in ice cream eating. Our journey has always been driven by a commitment to consistent quality and the simple joy that ice cream brings to everyone."

Participating Educational Institutions

The record-setting event saw participation from multiple educational institutions across Chennai. The participating schools included:

  • Narayana Group of Schools
  • Nellai School
  • Ramachandra School
  • Suda Nanda Vidyalaya
  • Budding Minds
  • SV School
  • Vels Global
  • Padma Seshadri Bala Bhavan Senior Secondary School

Company Background and Market Presence

Hatsun Agro Product Limited operates as one of India's leading private-sector dairy companies, maintaining direct procurement relationships with over 400,000 carefully selected farmers. The company's brand portfolio encompasses multiple product categories including Arun Ice creams, Arokya Milk, Hatsun Dairy Products, ibaco, Santosa, and Milky Moo.

Business Parameter: Details
Farmer Network: 400,000+ selected farmers
Retail Stores: 4,000+ HAP daily Exclusive Stores
Geographic Presence: 15 states and union territories
Stock Exchanges: BSE (531531), NSE (HATSUN)

The company maintains an extensive retail footprint with over 4,000 HAP daily Exclusive Stores across Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Maharashtra, Kerala, Odisha, Goa, Chhattisgarh, Madhya Pradesh, West Bengal, Jharkhand, Gujarat, Andaman and Nicobar Islands, and Bihar.

This Guinness World Record achievement further strengthens Arun Icecreams' position as one of India's leading ice cream brands, demonstrating the company's ability to engage consumers through innovative marketing initiatives while maintaining its commitment to quality dairy products.

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Historical Stock Returns for Hatsun Agro Product

1 Day5 Days1 Month6 Months1 Year5 Years
+2.32%+2.95%-7.29%+0.24%-10.57%+29.43%

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1 Year Returns:-10.57%