Mukka Proteins Limited — Others, 13-08-2025: Giving guarantees/indemnity/ becoming a surety for third party

Mukka Proteins has approved providing a corporate guarantee for its associate company, Ocean Proteins Private Limited. This guarantee, for up to 1.35 Cr, will secure credit facilities from State Bank of India for Ocean Proteins. While company directors have an interest in Ocean Proteins, the guarantee is on an arm's length basis. This creates a contingent liability for Mukka Proteins, representing a potential future obligation related to its associate's debt. This move supports the associate's financial needs and aligns with group operations.