Mukka Proteins Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
MUKKA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mukka Proteins has received a Show Cause Notice dated October 28, 2025, from the Office of the Commissioner of Customs, Mangaluru, demanding recovery of export incentives claimed earlier. The notice alleges the company failed to furnish proof of realization of foreign exchange proceeds against certain exports. The total principal amount demanded is ₹30.37 lakh, comprising ₹17.08 lakh of Duty Drawback and ₹13.28 lakh of RoDTEP benefits, plus applicable interest and penalty which remain unquantified. The company is reviewing the notice and plans to file a comprehensive response within the stipulated time. The company has stated there is no other impact on its financials or operations from this matter.
The financial impact is currently small and limited — only about ₹30.37 lakh in principal is at stake, which is minor relative to typical company operations. Since this is only a show cause notice (not a final order) and the company intends to contest it, near-term impact on the stock is likely limited, though a negative ruling with interest and penalties could modestly affect earnings.