Investment12 Jun 2026, 05:51 pm
Mukka Proteins Invests ₹11.1 Cr for 51% Stake in Delta Marine
AI Summary
Mukka Proteins Ltd announced a strategic investment of up to ₹11.1 crore to acquire a 51% stake in Delta Marine Products, a partnership firm specializing in fish meal and fish oil manufacturing. This investment, approved by the Board of Directors on June 12, 2026, is part of Mukka Proteins' plan to expand its core business, optimize operations, and increase market reach. The acquisition is expected to be completed by September 30, 2026. Delta Marine Products reported a turnover of ₹28.17 crore and a net loss of ₹19.73 lakh in FY 2024-25. This move is not a related party transaction.
Key Highlights
- Mukka Proteins to acquire 51% stake in Delta Marine Products.
- Strategic investment of up to ₹11.1 crore approved by the Board.
- Investment aims to expand core business and operational efficiency.
- Delta Marine Products is in fish meal and fish oil manufacturing.
- Acquisition expected to be completed by September 30, 2026.
Price Impact
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