Mukka Proteins Limited has informed the Exchange about Acquisition
MUKKA · price
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Mukka Proteins Limited's board has approved acquiring a 51% stake in Mukka Frozen Impex, a partnership firm, for an amount not exceeding Rs. 5 crore through cash capital contribution in one or more tranches. Mukka Frozen Impex is in the business of trading, manufacturing, and dealing in fish and marine products — the same core line as Mukka Proteins. The target entity was only incorporated on July 5, 2025, so no historical turnover or financial data is available. The acquisition is not a related party transaction and does not require government or regulatory approvals, with expected completion by October 31, 2025.
This is a small bolt-on acquisition within Mukka Proteins' existing fish and marine products business, funded entirely from internal cash. While the deal size (Rs 5 crore) is modest relative to the company's operations, it signals management's intent to expand vertically in its core segment. No open offer is triggered as the target is an unlisted partnership firm.