Mukka Proteins Limited — Others, 08-07-2025: Giving guarantees/indemnity/ becoming a surety for third party

Mukka Proteins has announced a board meeting. The company’s corporate guarantee for a Rs. 6.03 Cr credit facility extended to its subsidiary, Ocean Aquatic Proteins LLC (Oman), has been cancelled following HDFC Bank’s decision to withdraw the sanctioned credit due to lack of collateral. This move relieves Mukka Proteins from its guarantee obligation, impacting the company’s contingent liabilities related to the subsidiary’s borrowing.