Mukka Proteins Limited submitted a clarification letter to the National Stock Exchange of India Limited and BSE Limited regarding its previous intimations dated 12th August 2026 concerning investment in Swachha Eco Solutions Private Limited (SESPL).

The clarification addresses an inadvertent calculation error in the original disclosure where the total consideration for acquiring 26,500 equity shares of SESPL at ₹250 per equity share was incorrectly mentioned as ₹64,92,500 instead of the correct amount of ₹66,25,000.

The company clarified that there is no change in the number of shares proposed to be acquired (26,500 equity shares), price per share (₹250), percentage of shareholding (25.98%), or any other material terms of the proposed investment. The correction is limited solely to the total consideration amount.

Original Investment Details (from 12-Aug-2026 disclosure)

The Board of Directors approved the strategic investment in SESPL during their meeting held on 12th August 2026, which commenced at 3:30 p.m. and concluded at 4:15 p.m.

Target Company Details:

  • Name: Swachha Eco Solutions Private Limited (SESPL)
  • Authorized Capital: ₹10,00,000
  • Paid-up Capital: ₹5,00,000
  • FY 2025-26 Turnover: ₹1,77,61,136
  • FY 2025-26 PAT: (₹75,05,051) [loss]
  • FY 2025-26 Net Worth: (₹2,10,22,476) [negative]
  • Industry: Collection, treatment and disposal of all types of waste
  • Date of Incorporation: 12th September 2017
  • Country of Presence: India

Historical Turnover:

  • March 2024: ₹1,44,45,028
  • March 2025: ₹2,77,64,810
  • March 2026: ₹1,77,61,136

Investment Terms:

  • Acquisition of 26,500 equity shares of face value ₹10 each
  • Price per share: ₹250
  • Total consideration: ₹66,25,000 (corrected from ₹64,92,500)
  • Post-acquisition shareholding: 25.98%
  • Consideration type: Cash
  • Not a related party transaction
  • Completion target date: 31-12-2026
  • No governmental or regulatory approvals required

Strategic Rationale:

The investment is part of the company's strategic investment plans to expand the Waste Management segment of the company.

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13 July 2023.