Mukka Proteins Completes 68% Acquisition of United Gulf Fishery for ₹79.56 Lakhs
Mukka Proteins Limited has acquired 68% of United Gulf Fishery Products LLC for ₹79.56 Lakhs (OMR 34,000). This strategic move expands Mukka Proteins' business into the Middle East. The acquisition was completed on December 26, 2025, making United Gulf Fishery a subsidiary.
The acquisition is strategic for market expansion but the financial value is relatively small compared to the overall company size, hence medium impact.
The acquisition of a foreign entity is a strategic move to expand the company's business, which is generally viewed positively.
Mukka Proteins Limited has announced the successful completion of its strategic acquisition of 68% of the capital of United Gulf Fishery Products LLC. The total consideration for this acquisition is OMR 34,000, equivalent to ₹79,56,000 (Rupees Seventy-Nine Lakhs Fifty-Six Thousand Only).
Following this acquisition, United Gulf Fishery Products LLC has become a subsidiary of Mukka Proteins Limited. The Investee Company is engaged in the manufacturing and trading of fish and other seafood products, as well as animal feed products. Its country of presence is Oman.
The acquisition was made as part of Mukka Proteins' strategic investment plans to expand its business in the Middle East by leveraging the acquired entity's local presence and expertise. United Gulf Fishery Products LLC was incorporated on November 18, 2016. For the year ended December 2024, it reported nil turnover, nil profit after tax, and nil net worth.
The transaction is not a related party transaction, and no governmental or regulatory approvals were required. The share transfer was completed on December 26, 2025, and the consideration was paid in cash.
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Mukka Proteins Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Mukka Proteins Limited. Read the original for the full detail.