Mukka Proteins has received approval to make a strategic investment in GSM Marine Export, Partnership Firm (the Investee Entity) by acquiring 51% stake for an amount not exceeding Rs 14 crore by way of capital contribution in one or more tranches.
The proposed investment is being made as a part of company’s strategic investment plans to expand the core business of the company. The Board of Directors of the company at their meeting held March 25, 2025, has approved the same.
Mukka Proteins is one of the key players of the fish protein industry. The company manufactures fish oil which is used in the production of soap, leather tanneries, and the paint industry.
