Mukka Proteins Limited has entered into a strategic partnership through the execution of a Limited Liability Partnership (LLP) agreement on January 22, 2026. The agreement involves Msjathin Infra Private Limited and Mr. Hardik Gowda for the incorporation of MPL HRC Ecosolutions LLP, marking the company's expansion into environmental solutions.

Partnership Structure and Capital

The newly formed LLP represents a collaborative venture with specific capital and management arrangements:

Business Scope and Operations

MPL HRC Ecosolutions LLP will operate in the environmental management sector, focusing on:

• Treatment and disposal of legacy leachate
• Water treatment solutions
• Bio waste management and related services

The partnership agreement defines the terms of business operations and management structure of the LLP, with Mukka Proteins appointing its Managing Director and CEO to represent the company's interests as the designated partner.

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Key regulatory aspects include:

The agreement does not involve any related party transactions, and the partnering entities are not connected to the promoter or promoter group in any manner. No shareholding exists between Mukka Proteins and the agreement parties.

Strategic Implications

This partnership represents Mukka Proteins' diversification into the environmental solutions sector, complementing its core business of manufacturing and exporting steam dried fish meal, fish oil, and fish soluble paste. The LLP structure provides operational flexibility while allowing the company to explore new business opportunities in waste management and water treatment services.

The formation of MPL HRC Ecosolutions LLP demonstrates the company's commitment to expanding its business portfolio beyond traditional protein manufacturing into sustainable environmental solutions, potentially creating new revenue streams in the growing waste management sector.

Mukka Proteins Limited has announced the successful completion of its acquisition of Ocean Proteins Private Limited, making the latter a subsidiary effective December 30, 2025. The transaction was completed through the acquisition of equity shares for a total consideration of ₹10.45 crores.

Acquisition Details

The company acquired 1,04,500 equity shares of Ocean Proteins Private Limited at face value of ₹100.00 per share, representing a 51% shareholding in the target entity. The acquisition was completed through cash consideration, with the share transfer finalized on December 30, 2025.

Target Company Profile

Ocean Proteins Private Limited operates as a manufacturer and exporter of frozen fish, shrimp and surimi. The company has established operations with significant financial metrics for FY 2024-25.

Strategic Rationale

The acquisition forms part of Mukka Proteins Limited's strategic investment plans to expand its frozen fish business operations. Ocean Proteins Private Limited was previously a related party of the company under the provisions of the Companies Act, 2013, being an associate company. The investment was executed on an arm's length basis, with promoters having interest in Ocean Proteins Private Limited to the extent of their directorship.

Regulatory Compliance

The acquisition was announced under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transaction did not require any governmental or regulatory approvals. This development follows previous communications dated May 15, 2025, and August 13, 2025, regarding the company's intention to make further acquisitions of equity shares in Ocean Proteins Private Limited.