FilingReader Intelligence

Hatsun Agro completes Milk Mantra Dairy acquisition

March 28, 2025 at 12:09 AM UTCBy FilingReader AI

Hatsun Agro Product Limited (BSE: 531531) announced today the completion of its acquisition of Milk Mantra Dairy Private Limited. With the acquisition of an additional 5,000 equity shares for ₹0.16 crore, Hatsun now owns 100% of Milk Mantra's share capital, comprising 31,69,056 equity shares and 16,06,372 preference shares, with a total purchase consideration of ₹233 crore. This acquisition makes Milk Mantra Dairy a wholly-owned subsidiary of Hatsun Agro Product Limited. The company had previously announced its intent to acquire shares of Milk Mantra Dairy in several letters dating back to January 27, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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