Hatsun Agro Product Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 22, 2009, inter alia, has decided the following:
1. It was decided to allot 250 numbers of 6% Unsecured Compulsorily Convertible Debentures of Rs 10,00,000/- each on preferential basis.
2. It was decided in principle to close 100% Wholly-owned Subsidiary Company namely M/s. Hatsun Ingredients FZE, RAK Free Zone, U.A.E., near Dubai.
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