Announced Thu, 25 Jun · 15:26 IST
Mukka Proteins completes 51% acquisition of Delta Marine Products for Rs 11.10 cr
MUKKA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-5.4%1-day move
₹24.85
prior close
₹24.33
base price
In-mkt
timing
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AI summary
Mukka Proteins has completed acquiring a 51% stake in Delta Marine Products, a fish meal and fish oil maker, for Rs 11.10 crores via cash capital contribution. Delta had FY25 revenue of Rs 28.17 crores and a small loss of Rs 19.73 lakhs. The deal supports Mukka's core business expansion, adding capacity and improving operational efficiency. Not a related party transaction.
Likely market impact
Positive for core business capacity expansion, though small loss at target may pressure near-term margins.