Mukka Proteins has announced that its board of directors has approved the formation of a new company named MPL HRC Ecosolutions LLP. This strategic initiative marks the company's entry into the waste management sector, representing a significant expansion of its business operations.

New Venture Details

The newly approved entity, MPL HRC Ecosolutions LLP, will focus specifically on waste management initiatives. This development indicates Mukka Proteins' strategic diversification beyond its traditional business activities into environmental solutions.

Strategic Implications

The board's decision to greenlight this new venture demonstrates the company's commitment to expanding its operational footprint. By entering the waste management sector, Mukka Proteins is positioning itself in the growing environmental solutions market.

This initiative reflects the company's strategic approach to business diversification and its focus on sustainable practices. The formation of MPL HRC Ecosolutions LLP represents a calculated move to explore new revenue streams while contributing to environmental management solutions.

Mukka Proteins Limited , a leading manufacturer and exporter of fish meal, fish oil, and fish-soluble paste, continues its strategic expansion with two significant developments. The company has secured a major environmental contract in India while simultaneously expanding its international footprint through a strategic acquisition in Oman.

Major Environmental Contract in Bengaluru

The company's joint venture with Hardik Gowda and MS Jathin Infra Private Limited has been awarded a ₹474.89 crore contract by Bengaluru Solid Waste Management Limited (BSWML) for the treatment of legacy leachate at the Mittaganahalli and Kannur landfill sites in Bengaluru.

International Expansion Through Strategic Acquisition

Mukka Proteins has entered into a Share Transfer Agreement on December 10, 2025, to acquire a 68% stake in United Gulf Fishery Products LLC, an Oman-based company. The acquisition involves purchasing shares from Mr. Saif Salim Ahmed Al-Rawahi, a shareholder of the investee company.

Regulatory Compliance and Approvals

The completion of the international acquisition is subject to compliance with the Foreign Exchange Management (Overseas Investment) Regulations, 2022, or other regulations as notified by the Reserve Bank of India. The company has made the necessary regulatory disclosures under Schedule III of the Listing Regulations.

Strategic Diversification Impact

These developments mark significant strategic shifts for Mukka Proteins. The environmental contract represents expansion beyond core fish product manufacturing into sustainability solutions, while the Oman acquisition strengthens the company's international presence in its core business segment. The company's CEO and MD, Mr. Kalandan Mohammed Haris, previously emphasized the significance of such milestones in expanding capabilities into environmental and sustainability-led solutions.

Business Implications

The dual expansion strategy positions Mukka Proteins for growth across multiple sectors. The environmental project addresses critical urban waste management challenges in Bengaluru, while the international acquisition enhances the company's footprint in the Gulf region's fishery products market. Both initiatives demonstrate the company's commitment to diversified growth and strategic market expansion.