Hatsun Agro Product Limited
Malabar India increased its stake in Hatsun Agro Product Limited from 1.69% to 1.77% by acquiring 1,70,248 shares through a rights issue.
India's largest private-sector dairy company, Hatsun Agro manufactures and markets milk, milk products, and ice cream across the country. Founded over five decades ago, the company operates vertically integrated facilities spanning production, processing, and distribution of dairy and frozen dessert products. Starting with ice cream manufacturing, Hatsun Agro has expanded into a diversified portfolio serving retail and institutional customers nationwide through established distribution channels and brand recognition.
India dedicated FPI founded in 2008 by Sumeet Nagar (ex-McKinsey PE) and Akshay Mansukhani. Focuses on under-researched Indian small and midcap businesses with a long-term horizon, sifting 7,000+ listed companies before making concentrated bets. One of India's best-known FPI smallcap specialists, known for multi-year compounder picks.