Mukka Proteins Limited has submitted a regulatory intimation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the delayed acquisition of shares in Mukka Proteins Vietnam Co., Ltd.
The disclosure references previous intimations dated 26th July 2025, 4th August 2025 and 31st December 2025 regarding the acquisition and/or subscription of shares for an amount not exceeding ₹10,00,000 (Rupees Ten Lakhs Only), which is equivalent to 70% of the issued and paid-up share capital of Mukka Proteins Vietnam Co., Ltd.
Acquisition Details
- Acquiring Company: Mukka Proteins Limited
- Target Company: Mukka Proteins Vietnam Co., Ltd.
- Original Announcement Dates: 26th July 2025 and 31st December 2025
- Original Expected Completion Date: 30th June 2026
- Revised Completion Date: 31st December 2026
- Reason for Delay: Delay in getting the regulatory approvals in Vietnam
Transaction Value and Stake
- Acquisition amount: ₹10,00,000 (Rupees Ten Lakhs Only)
- Percentage of target's share capital: 70% of issued and paid-up share capital
- Acquisition method: Through share transfer
The company states that all necessary steps are being taken to address the delays and confirms that the acquisition will be completed in due course.