Mukka Proteins Completes 68% Acquisition of United Gulf Fishery for ₹79.56 Lakhs

Mukka Proteins Limited has announced the successful completion of its strategic acquisition of 68% of the capital of United Gulf Fishery Products LLC. The total consideration for this acquisition is O...

Mukka Proteins Limited has announced the successful completion of its strategic acquisition of 68% of the capital of United Gulf Fishery Products LLC. The total consideration for this acquisition is OMR 34,000, equivalent to ₹79,56,000 (Rupees Seventy-Nine Lakhs Fifty-Six Thousand Only). Following this acquisition, United Gulf Fishery Products LLC has become a subsidiary of Mukka Proteins Limited. The Investee Company is engaged in the manufacturing and trading of fish and other seafood products, as well as animal feed products. Its country of presence is Oman. The acquisition was made as part of Mukka Proteins' strategic investment plans to expand its business in the Middle East by leveraging the acquired entity's local presence and expertise. United Gulf Fishery Products LLC was incorporated on November 18, 2016. For the year ended December 2024, it reported nil turnover, nil profit after tax, and nil net worth. The transaction is not a related party transaction, and no governmental or regulatory approvals were required. The share transfer was completed on December 26, 2025, and the consideration was paid in cash.

Limitations of AI summaries

AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.

Platforms like Prysm provide stock-level and portfolio-level analysis.

Why is Mukka Proteins Limited in the news today?

Mukka Proteins Limited (MUKKA) is in the news due to the acquisition of a foreign entity is a strategic move to expand the company's business, which is generally viewed positively.

AcquisitionOther Corporate Actions
Mukka Proteins LimitedMUKKAhttps://prysm.fi/v2/analyze/MUKKA

AI-Powered Summary

Market Context

Top Queries

More News

Explore Prysm Tools

Related Stories

Mukka Proteins Completes 68% Acquisition of United Gulf Fishery for ₹79.56 Lakhs

December 26, 2025, 02:52 PM

AI Sentiment Analysis

Top Queries to Ask About Mukka Proteins Limited

Mukka Proteins Limited has announced the successful completion of its strategic acquisition of 68% of the capital of United Gulf Fishery Products LLC. The total consideration for this acquisition is OMR 34,000, equivalent to ₹79,56,000 (Rupees Seventy-Nine Lakhs Fifty-Six Thousand Only).

Following this acquisition, United Gulf Fishery Products LLC has become a subsidiary of Mukka Proteins Limited. The Investee Company is engaged in the manufacturing and trading of fish and other seafood products, as well as animal feed products. Its country of presence is Oman.

The acquisition was made as part of Mukka Proteins' strategic investment plans to expand its business in the Middle East by leveraging the acquired entity's local presence and expertise. United Gulf Fishery Products LLC was incorporated on November 18, 2016. For the year ended December 2024, it reported nil turnover, nil profit after tax, and nil net worth.

The transaction is not a related party transaction, and no governmental or regulatory approvals were required. The share transfer was completed on December 26, 2025, and the consideration was paid in cash.

See What Deep Dive Gives You — in Seconds

“what happens when you click Deep Dive “

Instant AI Summary - “Get clean, noise-free earnings breakdowns.”

PDF Insights - “Download detailed, AI-generated reports.”

Metrics Explained -“Key ratios & trends explained in simple language.”

Want to know if this news pushes your stock up or down?

Just tap

deep dive

More News on Mukka Proteins Limited

Discover more trending news on Prysm

View All