Hatsun Agro Product Limited has submitted a comprehensive action taken report to BSE and NSE following an inadvertent leak of unpublished price sensitive information (UPSI) through social media. The incident involved the company's Chief Financial Officer accidentally posting draft financial statements on his personal WhatsApp status.

Incident Details and Timeline

On January 4, 2026, at approximately 5:00 PM, Mr. H Ramachandran, the company's Chief Financial Officer, inadvertently uploaded draft financial figures for the quarter ended December 31, 2025, to his personal WhatsApp status. The CFO was sharing preliminary unaudited financial statements internally with the accounts department when the accidental posting occurred.

The CFO deleted the WhatsApp status within an hour of posting upon realizing the error. However, the draft figures, which potentially constituted UPSI, were viewed by approximately 19 people in his contact list, including some company insiders.

Immediate Response and Corrective Actions

Upon learning of the incident on January 5, 2026, at 9:00 AM, Company Secretary and Compliance Officer C Subramaniam initiated immediate corrective measures. The company notified stock exchanges at 5:50 PM on January 5, 2026, following internal verification of the incident's accuracy and materiality.

The company implemented several protective measures to prevent potential misuse of the leaked information:

• Updated all 19 exposed individuals in the company's Structured Digital Database (SDD)
• Immediately closed trading windows for all persons exposed to UPSI
• Froze PAN details of affected individuals at NSDL Issuer Services Portal
• Informed the Board of Directors and Audit Committee simultaneously with stock exchange notification

Investigation Committee Formation

An Insider Trading Investigation Committee (ITIC) was constituted on January 6, 2026, comprising three senior officials:

The committee documented all actions taken, including the detailed timeline of events and list of identified persons, for compliance and monitoring purposes.

Regulatory Compliance and Penalties

The company reported this as its first insider trading violation since the last financial year. No financial penalties were imposed given the inadvertent nature of the incident and the preliminary status of the shared information. Instead, a caution letter was issued to the CFO, emphasizing obligations under the company's Insider Trading Code and directing stricter adherence to regulatory requirements.

The action taken report was submitted in compliance with SEBI Master Circular No. SEBI/HO/ISD/ISD-PoD-2/P/CIR/2024/126 dated September 23, 2024, and the company's Code of Conduct under SEBI regulations. The company emphasized its commitment to high corporate governance standards and transparent reporting of such incidents to maintain market integrity.

Hatsun agro product Limited has announced that its Board of Directors will convene on January 19, 2026, to review and approve the company's quarterly financial performance. The meeting will focus on the unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2025.

Board Meeting Details

The company communicated this development to stock exchanges through a formal notice dated January 9, 2026. The board meeting agenda includes consideration and approval of financial results along with any other business matters that may arise with the Chairman's permission.

Trading Window Restrictions

In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Insider Trading Code, Hatsun Agro Product Limited has implemented trading restrictions for designated persons. The trading window, which closed on January 1, 2026, will remain shut until 48 hours after the declaration of the unaudited financial results.

Regulatory Compliance

The company has fulfilled its regulatory obligations by notifying both major stock exchanges about the upcoming board meeting. Hatsun Agro Product Limited trades on BSE under the stock code 531531 and on NSE under the symbol HATSUN. The formal communication was signed by R G Chandramogan, Chairman, bearing DIN 00012389.

Company 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's diverse brand portfolio includes Arun Ice Creams, Hatsun, ibaco, and several other dairy and food products under various brand names.