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Hatsun Agro Product Limited Reports Action Taken on Unintentional Financial Data Posting
Hatsun Agro Product Limited
January 13, 2026, 04:24 PM
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Hatsun Agro Product Limited (HAPL) has submitted an Action Taken Report regarding an unintentional posting of financial information on WhatsApp Status. This report, received from the Insider Trading Investigation Committee, addresses an incident where the Chief Financial Officer (CFO), Mr. H Ramachandran, inadvertently uploaded draft financial figures for the quarter ended December 31, 2025, to his personal WhatsApp Status on January 4, 2026, around 5:00 PM.
The post was visible to approximately 19 individuals, including some company insiders. The CFO deleted the status within an hour of realizing the mistake. The company, upon being informed on January 5, 2026, at 9:00 AM, conducted an internal verification and intimated the incident to the stock exchanges on January 5, 2026, at 5:50 PM.
As a precautionary measure and to prevent potential misuse of the Unpublished Price Sensitive Information (UPSI), the trading window was immediately closed for all exposed individuals, and their PANs were frozen on the NSDL Issuer Services Portal. The company also informed the Board of Directors and the Audit Committee. An Insider Trading Investigation Committee was constituted on January 6, 2026, to document all actions and events. A caution letter was issued to the CFO, emphasizing adherence to regulatory requirements and greater vigilance in handling sensitive information. The company stated that no previous instances of violations have occurred, and no amounts have been collected for code of conduct violations.
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