Mukka Proteins Limited Announces Rs 98 Crore Preferential Issue for Acquisition and Expansion
Oct 22, 2024
Mumbai (Maharashtra) [India], October 22: Mukka Proteins Limited, India's largest fish meal and insect meal producer and a leader in the animal protein industry, has announced the approval of a preferential issue worth Rs 98 crore by its Board of Directors. This strategic move will help Mukka Proteins in its ongoing domestic and international acquisition and expansion efforts, reinforcing its position in the global market. A significant portion of the funding will come from the promoter and promoter group, underlining their commitment to the company's robust growth strategy.