Mukka Proteins approves ₹15cr investment for Aqua Marine stake

Mukka Proteins Limited has approved a strategic investment of up to ₹15,00,00,000 to acquire a 51% stake in Aqua Marine, a partnership firm engaged in the manufacturing of fish meals and fish oil. The board approved the proposal at its meeting held on June 12, 2026. The investment will be made through capital contribution in one or more tranches, with an indicative completion timeline of September 30, 2026.

The acquisition is not a related party transaction and does not require any specific governmental or regulatory approvals. Aqua Marine reported a turnover of ₹32,15,07,660 and a profit after tax (PAT) of ₹1,067,656 for the financial year 2024-25. The entity was incorporated on April 1, 2022, and operates solely in India.

Investment Details

Parameter	Details
Target Entity	Aqua Marine
Stake Acquired	51%
Investment Amount	Up to ₹15,00,00,000
Consideration Type	Cash
Completion Timeline	September 30, 2026

Target Entity Financials

Period	Turnover
As on March 2023	₹1,72,94,750
As on March 2024	₹54,67,36,135
As on March 2025	₹32,15,07,660

The company stated that this investment is part of its strategic plans to expand its core business, focusing on capacity expansion and optimization of operational processes. This move is expected to lead to improved production efficiency and a broader market reach.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.17%	-4.07%	+1.77%	-2.24%	-21.50%	-44.26%

Mukka Proteins Limited approved a strategic investment to acquire a 51% stake in Delta Marine Products for an amount not exceeding Rs 11.10 crore. The Board of Directors approved the capital contribution in one or more tranches on June 12, 2026, to expand the company's core business of manufacturing fish meal and fish oil.

The investment targets Delta Marine Products, a partnership firm incorporated on August 12, 2023, operating within the same industry. The acquisition is not a related party transaction and will be settled through cash consideration. The transaction is expected to be completed by September 30, 2026.

Financials of the Target Entity

Delta Marine Products reported a turnover of Rs 28.16 crore for FY 2024-25, a significant increase from Rs 3.64 crore in the previous year. However, the firm posted a loss after tax (PAT) of Rs 19.72 lakh for FY 2024-25.

Metric	Value
Turnover (FY 2024-25)	Rs 28,16,99,338/-
PAT (FY 2024-25)	Rs (19,72,919/-)
Turnover (As on March 2024)	Rs 3,64,15,650/-
Date of Incorporation	12-08-2023

Strategic Rationale

The proposed investment aligns with Mukka Proteins 's strategic plans to focus on capacity expansion and optimization of operational processes. The company stated that this move would lead to improved production efficiency and a broader market reach. The target entity operates exclusively in India, manufacturing fish meal and fish oil.