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Hatsun Agro Product Ltd

NSE: HATSUN BSE: 531531

₹896.80

(-2.17%)

Thu, 26 Feb 2026, 00:07 am

Company History

1970

  • Mr. R.G CHANDRAMOGAN, one of the Promoters of the Company established a Partnership firm under the name M/s.CHANDRAMOHAN & CO., for the manufacture and sale of Ice Creams and Milk and Dairy based Products.
  • The facilities were set up at Madras.
  • The business grew rapidly and the Firm's turnover increased from Rs.1.00 lakh in 1970 to Rs.29.52 lakhs in the year 1986.

1986

  • M/s. Hatsun Foods Private Limited was incorporated on 4th March 1986.
  • On 01.04.86 the Company was admitted as a Partner in M/s. CHANDRAMOHAN & CO.
  • In terms of Deed of Dissolution dt.30.04.1986 M/s. CHANDRAMOHAN & CO. was dissolved and all the assets and liabilities of the Firm (except the Brand Name 'ARUN' vested with the Company.
  • The Brand Name 'ARUN' vested with Mr. R.G. CHANDRAMOGAN.

1987

  • Mr. R.G. CHANDRAMOGAN allowed the Company to register the Brand Name 'ARUN', in the name of the Company subject to a payment of 1% Royalty on the Company's Gross Ice Cream Sales Turnover.

1995

  • The Company has changed its Name to HATSUN MILK FOOD PRIVATE LIMITED and Certificate to this effect was obtained from the Registrar of Companies, Tamil Nadu, Madras on 07.08.95
  • The Company subsequently converted into Public Limited Company by passing Special Resolution in Extra Oridinary General Meeting held on 09.08.95
  • The Company scrapped its manufacturing facilities at its Tolgate Unit, since the facilities became old and outlived its utilities
  • The Company is now concentrating only on marketing of Ice Cream and Milk and Dairy based products under the brand name 'ARUN'

2000

  • The company is set to acquire an 81-per cent stake in the Rs. 40-crore Ajith Dairy Industries Ltd.
  • The Chennai-based Hatsun Agro Product, which has successfully launched Arun ice creams and Arokya milk in south India, has now launched a branded popcorn, Hatsun 'Noosa'.

2001

  • The Company has allotted 2,50,000 preference shares of Rs 100/- each to Mr. R.G. Chandramogan, Managing Director pursuant to the approval of share holders at the meeting of 2000.

2003

  • Delisting of shares from Madras and Coimbatore Stock Exchanges.

2008

  • The Company has splits its face value from Rs10/- to Rs2/-.

2009

  • Hatsun Agro Product set up a state-of-the-art plant with a capacity to process 9 lakh litres of milk a day for producing mainly milk powder and is located near Palacode in Dharmapuri District.

2010

  • Hatsun Agro Product - Board declares Interim dividend @30%

2011

  • Hatsun Agro Product Appointed Mr. S. Chandrasekar as a Company Secretary & Compliance Officer of the Company
  • Hatsun Agro Product - Board declares Interim Dividend@ 25%
  • Company has splits its Face value of Shares from Rs 2 to Re 1

2012

  • Hatsun Agro Product - Board approves Bonus Issue & declares Dividends (Interim Dividend & Special Interim Dividend)
  • Hatsun Agro Product- Selling of new range of Ice Creams under the Brand name 'IBACO'
  • Hatsun Agro Product- Board recommends Final Dividend @20 %
  • Registered Office of the Company has been shifted from No.5A, Vijayaraghava Road, T. Nagar, Chennai - 600 017 to 'DOMAINE', Rajiv Gandhi Salai (OMR), Karapakkam, Chennai - 600 097
  • Hatsun Agro Products has given the Bonus in the Ratio of 1:2

2013

  • Hatsun Agro Product Ltd, the biggest domestic private sector dairy, has bagged the Golden Trophy of the Agricultural and Processed Food Products Export Development Authority
  • City-Based dairy products company Hatsun Agro Products has acquired Chittoor-based Jyothi Dairy at Rs.68 Crore
  • The Company declared Second Interim Dividend of Rs. 0.50 (50%) per equity share.
  • The Company declared of Third Interim Dividend of Rs. 0.40 (40%) per equity share.
  • The Company declared of Interim Dividend of Rs. 1.50 (150%) per equity share.

2014

  • The Company declared Second Interim Dividend of Rs. 1.00 (100%) per equity share for the financial year 2013-14.
  • The Company has appointed of Mr. Balasubramanian Thenamuthan as an Additional Director of the Company w.e.f. January 23, 2014 under the category of Non-Executive and Independent Director.
  • Hatsun Agro Product Ltd has appointed Mr. S. Narayan as Company Secretary and Compliance Officer of the Company w.e.f. November 07, 2014.

2016

  • The Board has recommended the issue of bonus equity shares by capitalization of reserves in the ratio of 2 equity shares of Re. 1/- each credited as fully paid-up for every 5 eligible fully paid-up equity shares of Re. 1/- each held by the members.

2017

  • HAP begins wind power plants with 24 MW capacity in Tuticorin
  • Hatsun Agro inks pact with German-firm for greenfield plant

2019

  • Hatsun Agro brings Hatsun Cow Milk.

2020

  • Hatsun Agro Product Ltd reaches retail milestone with 3000 outlets.
  • Hatsun Agro Prod - Board recommends Bonus Issue in the ratio of 1:3
  • Hatsun Agro Product to receive subsidies from Govt. of Telengana.
  • Hatsun Agro Product opens its 3000th retail outlet in Khargar, Navi Mumbai.

2021

  • Hatsun Agro Product becomes India's largest retail network with 3600 outlets.
  • Hatsun Agro Product expands its diary portfolio with 'Arokya' Paneer.
  • Hatsun Agro Product commences operations of ice cream manufacturing unit in Telangana.
  • Hatsun Agro Prod - Intimation Of Commencement Of Commercial Production - Solapur Facility - Maharashtra
  • Hatsun Agro Prod - Intimation Of Commencement Of Commercial Production Of Milk In Our Uthiyur Plant
  • Hatsun Agro Prod - Intimation Of Inauguration Of 2500Th HAP Daily Outlet.

2022

  • The company issued rights shares of Rs. 1 in the ratio of 1:30 at a premium of Rs. 418 per share.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800