
Acquisitions30 Sept 2026, 12:37 pm
Mukka Proteins Delays Aqua Marine Acquisition to Jan 2027
AI Summary
Mukka Proteins Limited has announced a delay in its strategic acquisition of a 51% stake in Aqua Marine, Partnership Firm. The acquisition, initially planned for completion by September 30, 2026, with an investment not exceeding ₹15,00,00,000 (₹15 Crores), is now expected to be completed by January 31, 2027. The company cited procedural issues as the reason for the delay. Mukka Proteins assures that all necessary steps are being taken to resolve these issues and complete the acquisition in due course.
Key Highlights
- Acquisition of 51% stake in Aqua Marine delayed.
- Revised completion date set for January 31, 2027.
- Investment amount not exceeding ₹15 Crores.
- Procedural issues cited as the reason for delay.
Price Impact
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