Mukka Proteins Limited — Important, 08-01-2025: Agreements

Mukka Proteins Limited has entered into an inter-corporate loan agreement with its subsidiary, Ocean Aquatic Proteins LLC, for up to ₹10 crore. The loan, which is unsecured, carries an interest rate of 8% per annum and has a tenure of three years from the date of disbursal. Mukka Proteins holds a 63% stake in Ocean Aquatic Proteins, and the transaction is conducted at arm's length. This financial backing is intended to address urgent business commitments, highlighting the subsidiary's strategic needs and operational dependencies. Investors should consider this development as a potential growth signal, although it also reflects the interconnected financial dynamics within the company’s structure, warranting close monitoring.