Mukka Proteins Limited — JV/Acquisition, 15-05-2025: Acquisition

Mukka Proteins has announced a board meeting on acquiring an additional 11% stake in Ocean Proteins Private Limited for Rs. 1.05 Cr, taking its holding to 51% and making OPPL its subsidiary. OPPL, with Rs. 507 Cr turnover in FY25, is a key player in frozen fish, shrimp, and surimi exports. This acquisition boosts Mukka’s frozen seafood portfolio and strengthens its position in the Indian seafood export market, aligning with its growth and expansion strategy.