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An announcement from Mukka Proteins Limited ( (IN:MUKKA) ) is now available.
Mukka Proteins Limited has announced the incorporation of MPL HRC Ecosolutions LLP, a new limited liability partnership approved by the Ministry of Corporate Affairs, in which the company holds a 76% capital contribution and profit-sharing stake. The LLP, established with a capital contribution of Rs. 5 lakh (of which Rs. 3.8 lakh is from Mukka Proteins), will focus on the treatment and disposal of non-hazardous waste and has been set up specifically to execute a project linked to a work order received by the company’s joint venture for treatment and disposal of legacy leachate, underscoring Mukka Proteins’ strategic move into environmental services and waste management.
More about Mukka Proteins Limited
Mukka Proteins Limited operates in the animal protein and related processing industry and is expanding its presence into environmental and waste management solutions through affiliated entities. The company’s latest initiative involves participation in the treatment and disposal of non-hazardous waste, indicating a diversification into eco-solutions and legacy waste remediation projects within India.
Average Trading Volume: 42,666
Technical Sentiment Signal: Sell
Current Market Cap: 6.67B INR
For detailed information about MUKKA stock, go to TipRanks’ Stock Analysis page.