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Mukka Proteins inks pact to acquire 68% stake in United Gulf Fishery Products LLC
Dec-11-2025

Mukka Proteins has entered into a Share Transfer Agreement (STA) with Saif Salim Ahmed Al-Rawahi, Shareholder of United Gulf Fishery Products LLC, on December 10, 2025. The agreement is for acquisition of 68% stake in United Gulf Fishery Products LLC for a total consideration of OMR 34,000. The completion of acquisition is subject to compliance of Foreign Exchange Management (Overseas Investment) Regulations, 2022 or such other Regulations as may be notified by the Reserve Bank of India.

Earlier, the company had received approval to make a strategic investment in United Gulf Fishery Products LLC (the Investee Company) by acquiring and/or subscribing to the shares for an amount not exceeding Rs 1 crore equivalent to 68% of the capital of the Investee Company in one or more tranches.

Mukka Proteins is one of the key players of the fish protein industry. The company manufactures fish oil which is used in the production of soap, leather tanneries, and the paint industry.

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