Mukka Proteins to invest ₹10 Lakh in Mukka Proteins Vietnam, acquiring 70% stake
The investment is relatively small (₹10 lakh), but it represents a strategic move to expand the company's core business. The 70% stake acquisition suggests a significant level of control and potential for future growth in the Vietnamese market.
The acquisition is part of the company's strategic investment plans to expand its core business, indicating positive growth and future prospects.
* Mukka Proteins will make a strategic investment in Mukka Proteins Vietnam Co., Ltd. * The investment involves acquiring shares for an amount not exceeding ₹10 lakh, equivalent to 70% of the investee company's issued and paid-up share capital. * The target entity, Mukka Proteins Vietnam Co., Ltd., is in the business of trading feed and ingredients for livestock, poultry, and aquatic products. * Turnover of Mukka Proteins Vietnam Co., Ltd. as of December 2024 was ₹15.01 crore. * The acquisition is part of the company’s strategic investment plans to expand its core business. * Completion is expected by 31 December 2025. * The mode of consideration is cash. * Post-acquisition shareholding will be 70%.
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Mukka Proteins Limited filed this with the NSE as a statutory disclosure, categorised under mergers & acquisitions. 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.