Mukka Proteins Secures ₹475 Crore Order from Bengaluru SWM
Filing Summary
Mukka Proteins Ltd, in a joint venture with Hardik Gowda and MS Jathin Infra Private Limited, has received a work order valued at ₹475 Crore from Bengaluru Solid Waste Management Limited. The contract involves the treatment and disposal of legacy leachate at Mittaganahalli and Kannur landfill sites. The project is scheduled for completion within four years or until the task is finished, whichever comes first. This order is not a related party transaction, and there is no promoter interest in the awarding entity.
Mukka Proteins Ltd has announced the receipt of a work order from Bengaluru Solid Waste Management Limited (BSWML). The order, valued at ₹4,74,89,14,500, is for the treatment and disposal of legacy leachate accumulated at the Mittaganahalli and Kannur landfill sites. The order was received on 3rd December 2025 and is expected to be executed within four years or until the completion of the task, whichever is earlier.
The work order was awarded to a joint venture comprising Mukka Proteins Ltd, Hardik Gowda, and MS Jathin Infra Private Limited. The contract specifies that the work involves the treatment and disposal of legacy leachate, a critical environmental management task. The order is domestic in nature, and the financial consideration is exclusive of GST.
According to the filing, there is no interest from the promoter or promoter group in the entity awarding the contract. Additionally, this transaction does not qualify as a related party transaction. The details of the order are in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the relevant SEBI circular.
Bengaluru Solid Waste Management Limited is responsible for managing solid waste in Bengaluru. The organization focuses on sustainable waste management solutions, including the treatment and disposal of waste materials to minimize environmental impact.
Mukka Proteins Ltd is engaged in the production and export of fish meal and fish oil. The company focuses on expanding its operations and diversifying its business portfolio through strategic joint ventures and contracts. Mukka Proteins aims to enhance its capabilities in environmental management and waste treatment sectors.