Mukka Proteins Limited has informed the Exchange about Giving guarantees/indemnity/ becoming a surety for third party

New Credit FacilityCredit & Debt View source PDF Explain this filing

MUKKA · price

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Price reactionminutes from the announcement price · days from the prior close

-1.3%Reaction day

₹31.80

prior close

₹30.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-2.0% vs market

Food Products peers, median of 76sector · industry level+0.6%-1.9% vs sector

On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 1.9 pts less than its Food Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.6

15m

+0.6

30m

+1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3+0.8-2.0+0.6-1.9

Next day

-1.2+2.0-3.2+0.7-1.9

-2.5+0.9-3.4-0.0-2.5

-3.3+1.7-5.0+0.5-3.8

-3.6+1.6-5.2+0.3-3.9

-3.1+2.2-5.4+0.4-3.6

-3.1+2.7-5.9+0.6-3.7

15d

-2.5+4.5-7.0+1.7-4.3

-2.7+5.6-8.3+2.8-5.5

-6.0+9.0-15.0+5.3-11.4

-18.8+3.5-22.4-1.9-16.9

UpDownMarket · Nifty Microcap 250Sector · Food Products peers, median of 76Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mukka Proteins' board, on May 15, 2025, approved issuing corporate guarantees for two entities. First, a guarantee of up to Rs. 6.03 crores to HDFC Bank to secure an overdraft facility availed by its Oman-based subsidiary, Ocean Aquatic Proteins LLC. Second, a guarantee of up to Rs. 10 crores to Vivriti Capital to secure a working capital loan (invoice discounting) facility for Shipwaves Online Limited, a company in which Mukka's directors are interested. Both transactions are described as being done at arm's length. The guarantee agreements are yet to be executed. Total contingent liability exposure comes to around Rs. 16.03 crores.

Likely market impact

These guarantees create contingent liabilities of up to ~Rs. 16 crore on Mukka Proteins' books, exposing shareholders to potential risk if its subsidiary or related party defaults. The move also raises some governance concern as it involves a related-party transaction, though the company has stated it is at arm's length.