Mukka Proteins has received approval for making a strategic investment in Aqua Marine, Partnership Firm (the Investee Entity) for acquiring 51% stake for an amount not exceeding Rs 15 crore by way of capital contribution in one or more tranches. The said acquisition is expected to be completed by September 30, 2026.
The proposed investment is being made as a part of company’s strategic investment plans to expand the core business of the company which helps focus on capacity expansion and optimization of operational processes, leading to improved production efficiency and broader market reach. The Board of Directors of the Company at their meeting held on June 12, 2026, have 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.
