Mukka Proteins Limited Approves Strategic Investment in Delta Marine Products for Business Expansion
Mukka Proteins Limited has approved a strategic investment aimed at expanding its core business through an acquisition in the manufacturing sector. The company decided to invest in Delta Marine Products, a partnership firm specializing in fish meal and fish oil production.The Board of Directors, during a meeting held on June 12, 2026, authorized the move. Mukka Proteins will acquire a controlling stake by investing capital into Delta Marine Products. The acquisition involves securing a 51% stake in Delta Marine for an amount not exceeding Rs. 11,10,00,000/- (Rupees Eleven Crores Ten Lakhs Only). The investment will be executed through capital contribution, disbursed either in one or more tranches.
The proposed acquisition falls within the company's strategic plan to focus on capacity expansion and operational processes optimization. This initiative is expected to result in improved production efficiency and expanded market reach for Mukka Proteins Limited.
Details regarding Delta Marine Products, including its operations and financial standing, are summarized below:
| Detail | Description |
|---|---|
| Acquired Entity | Delta Marine Products |
| Industry | Manufacturing of fish meal and fish oil |
| Products | Fish meal and fish oil |
| Target Stake Acquired | 51% |
| Maximum Acquisition Cost | Rs. 11,10,00,000/- |
| Indicative Completion Date | 30-09-2026 |
Delta Marine Products was incorporated on August 12, 2023, and operates in India. The company's financial performance history demonstrates growth over the past three years:
| Financial Year (Ending March) | Turnover |
|---|---|
| 2023 | NA |
| 2024 | Rs. 3,64,15,650/- |
| 2025 | Rs. 28,16,99,338/- |
The investment is intended to strengthen the core business of Mukka Proteins Limited by integrating Delta Marine Products' capabilities into its growth strategy within the fish meal and fish oil manufacturing market.
MUKKA Stock Price Movement
Mukka Proteins Limited shares rallied today, closing at ₹22.81 after gaining 8.74% in the session. The stock traded within a tight range, completing the day with over 1.02 million shares exchanged.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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