Mukka Proteins Limited has informed the Exchange about delay in acquisition.
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Awaiting price reaction for this filing.
Mukka Proteins Limited has informed the stock exchanges that its planned acquisition of 70% stake in Mukka Proteins Vietnam Co., Ltd. has been delayed. The acquisition, originally announced on 26th July 2025, was expected to be completed by 31st December 2025. The company has now revised the expected completion date to 30th June 2026, citing delays in obtaining regulatory approvals in Vietnam. The deal involves subscribing to shares for up to Rs. 10 Lakhs in the Vietnam-based entity. The company has assured that necessary steps are being taken to address the delays and the share transfer will be completed in due course.
The 6-month delay in the Vietnam acquisition is a minor procedural update caused by regulatory hurdles abroad, not a deal cancellation. For shareholders, this means the overseas expansion timeline is pushed back, but the strategic intent remains intact. Short-term impact on the stock is likely neutral unless further delays are reported.