Mukka Proteins Limited — JV/Acquisition, 15-05-2026: Acquisition

Mukka Proteins is making a strategic move to expand its international business by incorporating a new subsidiary, Lanka Bio Proteins Private Limited, in Sri Lanka. The company will invest up to Rs. 2.50 Cr for a 49% stake in the entity, which will manufacture and trade marine products. This initiative is aimed at strengthening Mukka Proteins' presence in the crucial marine sector and boosting its global operational reach. It marks a significant step in geographic expansion and product portfolio enhancement.