Mukka Proteins has received an EU Inputs Attestation from Ecocert S.A.S., France, for its Eco Sphere organic fertilizer. The attestation confirms the product's suitability for organic farming under EU norms and is valid until March 31, 2028.

Certification details

The company disclosed the receipt of the attestation on September 4, 2026, in a filing with stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The following table summarises the key details of the certification:

The EU Inputs Attestation is issued in accordance with specific European Union regulations governing organic production and labelling. It affirms that the certified product meets the requirements for use in organic farming under these programmes.

Strategic impact

The attestation is expected to enhance the marketability and acceptance of Mukka Proteins' Eco Sphere organic fertilizer in markets catering to organic farming, including the European Union. The company stated that this milestone supports its efforts to expand its value-added and sustainable product portfolio.

Mukka Proteins intends to continue exploring opportunities to expand its presence in international markets and strengthen its sustainable product offerings.

Mukka Proteins has approved a strategic investment of up to ₹13.19 crore in Shipwaves Online Limited (SOL). The Board of Directors authorized the acquisition of equity shares in the digital freight forwarding firm during its meeting on September 1, 2026.

The transaction is classified as a related-party deal, as Mukka Proteins is part of the promoter group of SOL. The company stated that the investment is executed at arm’s length and aims to leverage business synergies in logistics to support long-term growth interests.

Deal Structure

Mukka Proteins plans to acquire 2,93,20,000 equity shares of SOL at a price of ₹4.50 per share. The total consideration amounts to ₹13,19,40,000. Post-acquisition, Mukka Proteins’ shareholding in SOL will stand at 16.77%.

The payment will be made in cash. The company intends to complete the acquisition in one or more tranches by March 31, 2027. No governmental or regulatory approvals are required for this transaction.

Target Company Profile

Shipwaves Online Limited operates in the digital freight forwarding and enterprise SaaS solutions sector. Incorporated on February 27, 2015, SOL has an authorized capital of ₹29 crore and a paid-up capital of ₹14.15 crore.

Financial Overview

SOL’s turnover for FY26 was ₹65,01,44,787, compared to ₹77,20,60,015 in FY25 and ₹65,09,14,752 in FY24. The company reported a net profit of ₹1,68,46,716 for FY26.

What the Numbers Show

The valuation implied by this transaction suggests a premium over book value. With a net worth of ₹71.30 crore and an equity stake of 16.77%, the share of net worth acquired is approximately ₹11.96 crore. However, Mukka Proteins is paying ₹13.19 crore for this stake, indicating a valuation that exceeds the target’s standalone net worth by roughly 10%. This premium likely reflects the strategic value of SOL’s SaaS platform and freight forwarding capabilities rather than just its current balance sheet strength.