According to the company’s filing with the stock exchanges, Mukka Proteins acquired and subscribed to a total of 4,858 equity shares of FABBCO at a face value of ₹1,000 each and a premium of ₹11,250 per share. The total deal value stood at ₹5.95 crore, giving Mukka Proteins a 51% controlling stake in FABBCO. With this acquisition, FABBCO has now become a subsidiary of Mukka Proteins.
FABBCO, incorporated in June 2023, operates in the manufacturing of animal feed and processing of waste materials. For FY 2023-24, the company reported a turnover of ₹77.97 lakh and a net loss of ₹53.25 lakh. The company is based in India and is part of the growing insect protein and sustainable feed industry.
Mukka Proteins stated that the acquisition is part of its strategic investment plans to expand its insect protein business, aligning with its vision of tapping into sustainable and innovative feed solutions.
The acquisition was completed on September 2, 2025, through a cash consideration, with no related party involvement.
Mukka Proteins is a leading manufacturer and exporter of fish meal, fish oil, and allied products. By bringing FABBCO under its umbrella, the company aims to diversify and strengthen its presence in the sustainable animal nutrition segment.