Investment12 Jun 2026, 05:51 pm
Mukka Proteins Invests ₹15 Cr for 51% Stake in Aqua Marine
AI Summary
Mukka Proteins Ltd announced a strategic investment of up to ₹15 crore to acquire a 51% stake in Aqua Marine, a partnership firm specializing in manufacturing fish meals and fish oil. This investment, approved by the Board of Directors on June 12, 2026, aims to expand Mukka Proteins' core business through capacity enhancement and operational optimization. Aqua Marine reported a turnover of ₹32.15 crore and a PAT of ₹10.68 lakh in FY25. The acquisition is expected to be completed by September 30, 2026, and is not a related party transaction.
Key Highlights
- Mukka Proteins to acquire 51% stake in Aqua Marine for up to ₹15 crore.
- Investment aims to expand core business and optimize operations.
- Aqua Marine reported ₹32.15 Cr turnover and ₹10.68 Lakh PAT in FY25.
- Acquisition expected to be completed by September 30, 2026.
Price Impact
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