Mukka Proteins seeks approval for ₹47 Cr preferential issue

Mukka Proteins Limited has submitted an application to BSE and NSE seeking in-principle approval for a preferential issue of 2,00,00,000 convertible warrants. The issue price is set at Rs. 23.50 per warrant, aggregating to Rs. 47,00,00,000. This preferential issue is subject to obtaining necessary approvals, including in-principle approval from the stock exchanges and shareholder consent. The company has also remitted a processing fee of Rs. 3,54,000 to the exchanges.