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Mukka Proteins CEO, MD, chairman, board of directors and AGM

NSE: MUKKABSE: 544135Food ProductsSmall Cap

Last close ₹24.23down ₹1.04 (4.12%)BSE ₹24.23

Share price at the NSE close on 23 Oct 2026. Previous close ₹25.27.

52-week range of traded prices to 23 Oct 2026
₹18.27Low, 30 Mar 2026₹33.29High, 15 Sep 2026
Market cap
₹727 Cr1,690th largest listed
P/E
10.5
P/B
1.5
Dividend yield
Nonein the last 12 months
ROE
14.7%
ROCE
10.0%
Debt to equity
1.45
Volume, NSE
1,83,210

Mukka Proteins board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Managing director and CEOMOHAMMED HARIS K
  • ChairpersonBALACHANDRA RAO K S

8 directors3 independent3 executive2 non-executive

  • MOHAMMED HARIS K · Managing director and CEOExecutive · joined Nov 2010 · reappointed Sep 2026 · 2 listed boards · 2 committee seats, 1 as chair
  • KALANDAN MOHAMMED ALTHAFExecutive · joined Nov 2010 · reappointed Sep 2026 · 2 listed boards · 1 committee seat
  • K MOHAMMAD ARIFExecutive · joined Nov 2010 · reappointed Sep 2026 · 2 listed boards · 1 committee seat
  • KALANDAN ABDUL RAZAKNon-executive · joined Feb 2021 · 1 listed board · 1 committee seat, 1 as chair
  • UMAIYYA BANUNon-executive · joined Nov 2010 · 1 listed board
  • BALACHANDRA RAO K S · ChairpersonIndependent · joined Jan 2022 · reappointed Sep 2026 · 56 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
  • HAMAD BAVAIndependent · joined Jan 2022 · reappointed Sep 2026 · 56 months as independent · 2 listed boards · 2 as independent · 1 committee seat
  • NARENDRA SURENDRA KAMATHIndependent · joined Jan 2022 · reappointed Sep 2026 · 56 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 1 Sep 20268 of 8 present3 independent · 19 days in between
    • 12 Aug 20268 of 8 present3 independent · 60 days in between
    • 12 Jun 20268 of 8 present3 independent · 27 days in between
    • 15 May 20268 of 8 present3 independent

  • Audit Committee

    Chair BALACHANDRA RAO K S

    HAMAD BAVA, KALANDAN MOHAMMED ALTHAF

    • 1 Sep 20263 of 3 present2 independent · 19 days in between
    • 12 Aug 20263 of 3 present2 independent · 60 days in between
    • 12 Jun 20263 of 3 present2 independent · 27 days in between
    • 15 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair NARENDRA SURENDRA KAMATH

    HAMAD BAVA, KALANDAN ABDUL RAZAK

    • 12 Aug 20263 of 3 present2 independent · 88 days in between
    • 15 May 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair KALANDAN ABDUL RAZAK

    NARENDRA SURENDRA KAMATH, MOHAMMED HARIS K

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair HAMAD BAVA

    BALACHANDRA RAO K S, K MOHAMMAD ARIF

    • 12 Aug 20263 of 3 present2 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Jun 2026.

  • Shah & Taparia Chartered AccountantsPeer-review certificate valid to Sep 2027

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Mukka Proteins AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Mukka Proteins share news and announcements

Annual general meeting, 10 Sep 2026

1,27,661 shareholders on the register on 3 Sep 2026; present: 5 promoters and 54 others; votes counted by CS Ujala Rani / Chethan Nayak & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial statements of the Company for the Financial Year ended 31st March 2026, together with the reports of the Auditors and Board of Directors thereon and the Audited Consolidated Financial statements of the Company for the Financial Year ended 31st March 2026 and together with the report of the Auditors thereon.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.76%

    Turnout: all 73.56% · promoters 100.00% · institutions 0.24% · other public 0.88%

  2. To appoint a Director in place of Mr. Kalandan Mohammad Arif (DIN: 03020564), who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.98%

    Turnout: all 73.56% · promoters 100.00% · institutions 0.24% · other public 0.88%

  3. To appoint a Director in place of Mrs. Umaiyya Banu (DIN: 03051040), who retires by rotation and being eligible offers herself for re-appointment.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.81%

    Turnout: all 73.56% · promoters 100.00% · institutions 0.24% · other public 0.88%

  4. To approve increase in overall borrowing limit of the Company under section 180(1)(c) of the Companies Act, 2013
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.04%

    Turnout: all 73.56% · promoters 100.00% · institutions 0.24% · other public 0.88%

  5. To approve limit under Section 180(1)(a) of the Companies Act, 2013 for creation of mortgage or charge on the assets, properties or undertaking(s) of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.77%

    Turnout: all 73.56% · promoters 100.00% · institutions 0.24% · other public 0.88%

  6. To re-appoint Mr. Karkala Shankar Balachandra Rao (DIN: 03589394) as a Non-Executive Independent Director of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.62%

    Turnout: all 73.56% · promoters 100.00% · institutions 0.24% · other public 0.88%

  7. To re-appoint Mr. Hamad Bava (DIN: 09448423) as a Non-Executive Independent Director of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.79%

    Turnout: all 73.56% · promoters 100.00% · institutions 0.24% · other public 0.88%

  8. To re-appoint Mr. Narendra Surendra Kamath (DIN: 07255904) as a Non-Executive Independent Director of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.63%

    Turnout: all 73.56% · promoters 100.00% · institutions 0.24% · other public 0.88%

  9. To re-appoint Mr. Kalandan Mohammed Haris (DIN: 03020471) as Managing Director and Chief Executive Officer of the Company
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.09%

    Turnout: all 73.56% · promoters 100.00% · institutions 0.24% · other public 0.88%

  10. To re-appoint Mr. Kalandan Mohammed Althaf (DIN:03051103) as Whole-Time Director and Chief Financial Officer of the Company
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.09%

    Turnout: all 73.56% · promoters 100.00% · institutions 0.24% · other public 0.88%

  11. To re-appoint Mr. Kalandan Mohammad Arif (DIN:03020564) as Whole-Time Director and Chief Operating Officer of the Company
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.92%

    Turnout: all 73.56% · promoters 100.00% · institutions 0.24% · other public 0.88%

  12. To approve material related party transactions with Atlantic Marine Products Private Limited
    OrdinaryPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.72%

    Turnout: all 27.19% · promoters 36.78% · institutions 0.24% · other public 0.88%

  13. To approve material related party transactions with Progress Frozen and Fish Sterilizetion
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.74%

    Turnout: all 73.56% · promoters 100.00% · institutions 0.24% · other public 0.88%

  14. To approve material related party transactions with Ullal Fish Meal and Oil Company
    OrdinaryPromoters have an interest in it
    99.79% for0.21% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.64%

    Turnout: all 3.73% · promoters 4.78% · institutions 0.24% · other public 0.88%

  15. To approve material related party transactions with Mangalore Fish Meal and Oil Company
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.64%

    Turnout: all 66.22% · promoters 90.00% · institutions 0.24% · other public 0.88%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 12 Jul 2026, 1 resolution

1,30,984 shareholders on the register on 10 Jun 2026; votes counted by CS Ujala Rani / M/s. Chethan Nayak & Associates, Company Secretaries.The company's voting result (opens in a new tab)

  1. Issuance of warrants convertible into equity shares of the Company on preferential basis
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 32.27%

    Turnout: all 73.42% · promoters 100.00% · institutions 0.15% · other public 0.34%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 18 Sep 2025, 5 resolutions

1,44,586 shareholders on the register on 11 Sep 2025; present: 5 promoters and 69 others; votes counted by CS Ujala Rani / M/s. Chethan Nayak & Associates, Company Secretaries.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial statements of the Company for the Financial Year ended 31st March 2025, together with the reports of the Auditors and Board of Directors thereon and the Audited Consolidated Financial statements of the Company for the Financial Year ended 31st March 2025 and together with the report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.54%

    Turnout: all 73.35% · promoters 100.00% · institutions 0.00% · other public 0.08%

  2. To appoint a Director in place of Mr. Kalandan Mohammed Althaf (DIN: 03051103), who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 17.23%

    Turnout: all 73.35% · promoters 100.00% · institutions 0.00% · other public 0.08%

  3. To appoint a Director in place of Mr. Kaladan Abdul Razak (DIN: 02530917), who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.53%

    Turnout: all 73.35% · promoters 100.00% · institutions 0.00% · other public 0.08%

  4. To appoint M/s. Chethan Nayak & Associates, Company Secretaries as the Secretarial Auditors of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 12.90%

    Turnout: all 73.35% · promoters 100.00% · institutions 0.00% · other public 0.08%

  5. To alter the Main Object Clause of the Memorandum of Association
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 12.17%

    Turnout: all 73.35% · promoters 100.00% · institutions 0.00% · other public 0.08%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 16 Nov 2024, 2 resolutions

Present: 8 promoters and 51 others.The company's voting result (opens in a new tab)

  1. Approval for increase in the Authorised Share Capital and consequent amendment to the Memorandum of Association
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.61%

    Turnout: all 73.44% · promoters 100.00% · institutions 0.00% · other public 0.50%

  2. Approval for raising of funds in one or more tranches through issuance of equity shares and/or other securities to eligible investors
    SpecialPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 14.61%

    Turnout: all 73.44% · promoters 100.00% · institutions 0.00% · other public 0.50%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Sep 2024, 4 resolutions

Present: 5 promoters and 51 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial statements of the Company for the Financial Year ended 31st March 2024, together with the reports of the Auditors and Board of Directors thereon and the Audited Consolidated Financial statements of the Company for the Financial Year ended 31st March 2024 and together with the report of the Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.42%

    Turnout: all 73.41% · promoters 100.00% · institutions 0.00% · other public 0.34%

  2. To appoint a Director in place of Mr. Kalandan Mohammad Arif (DIN: 03020564), who retires by rotation and being eligible offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.66%

    Turnout: all 73.41% · promoters 100.00% · institutions 0.00% · other public 0.34%

  3. To appoint a Director in place of Mrs. Umaiyya Banu (DIN: 03051040), who retires by rotation and being eligible offers herself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.65%

    Turnout: all 73.41% · promoters 100.00% · institutions 0.00% · other public 0.34%

  4. To re-appoint M/s. Shah & Taparia, Chartered Accountants, as Statutory Auditors of the Company for a second term of five consecutive years
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.70%

    Turnout: all 73.41% · promoters 100.00% · institutions 0.00% · other public 0.34%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 15 Jun 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Continuation of Directorship of Mr. Kalandan Abdul Razak (DIN:02530917) as a Non -nExecutive Non - Independent Director.
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 8.87%

    Turnout: all 73.41% · promoters 100.00% · institutions 0.21% · other public 0.32%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Tax disputeThe Joint Director, Directorate General of Goods & Services Tax Intelligence, Belagavi Zonal UnitSince 25 Aug 2025
    The Company has filed an appeal against the demand order with the GST Appellate Tribunal u/s 112 and the appeal is pending before the Appellate Tribunal.
    At the filing before: Status of notice pertaining to FY 2021-22 to 2023-24 (Amount involved - ₹4,36,78,720): • The Company submitted its reply on 27-08-2025. • The opposing party issued a Show Cause Notice dated August 29, 2025, rejecting the Company’s submissions. • The Company submitted its reply to the Show Cause Notice on November 20, 2025. • The Company received an order dated December 17, 2025 wherein the opposing party rejected company’s arguments. • Aggrieved by the impugned order, the Company has filed its appeal under Section 107(1) of the CGST Act, 2017 on March 17, 2026. • The Appellate Authority dismissed the Company's appeal and upheld the Order-in-Original dated December 17, 2025.MoreLess
  • Tax disputeThe Joint Director, Directorate General of Goods & Services Tax Intelligence, Belagavi Zonal UnitSince 25 Aug 2025
    Vide Order-in-Original dated 13-08-2026, the Adjudicating Authority confirmed the demand for reversal/recovery of Input Tax Credit (ITC) amounting to ₹3,44,89,344 relating to expenses incurred in connection with the Company's IPO during FY 2024-25, along with applicable interest to the extent of ITC utilised and imposed a penalty of ₹34,48,934.40. The Company is yet to file its appeal/reply in this matter.MoreLess
    At the filing before: Status of notice pertaining to FY 2024-25 (Amount involved - ₹3,44,89,344): • The Company submitted its reply on 27-08-2025. • The opposing party issued a Show Cause Notice dated November 20, 2025, rejecting the Company’s submissions. • The Company submitted its reply to the Show Cause Notice on April 28, 2026. • The Company represented the matter through its Authorised Representatives before the Adjudicating Authority on July 14, 2026.MoreLess
  • Tax disputeAssistant Commissioner of Income Tax, Central Circle-1, Mangalore. The appeal was decided by the Commissioner of Income Tax (Appeals)-2, Panaji.Since 28 Apr 2023
    Aggrieved by the order of the Commissioner of Income Tax (Appeals)-2, Panaji, the Company has filed an appeal before the Hon'ble Income Tax Appellate Tribunal, Bangalore, on 5 August 2026, challenging the sustained addition of ₹7,54,55,608 towards alleged unexplained investment under Section 69B of the Income-tax Act, 1961, read with Section 115BBE. The tax effect involved in the appeal is ₹3,28,68,463. The appeal is pending adjudication before the Tribunal.MoreLess
    At the filing before: The Company had challenged additions made under the assessment order passed under Section 143(3) read with Section 263 of the Income-tax Act, 1961, including alleged excess stock of ₹11,14,72,010 and prior-period income of ₹4,48,21,141. The Commissioner of Income Tax (Appeals)-2, Panaji, vide appellate order dated 30 June 2026, partly allowed the Company's appeal. The addition of ₹3,60,16,402 towards alleged excess stock and the addition of ₹4,48,21,141 towards prior-period income were deleted. However, the addition of ₹7,54,55,608 towards alleged excess stock, taxable at the special rate under Section 115BBE of the Income-tax Act, 1961, was sustained. The Company has already discharged tax at the normal rate and is evaluating the appellate order to consider appropriate legal remedies.MoreLess
  • Tax disputeCommissioner of Customs, Mangalore. The appeals were decided by the Hon’ble Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Bangalore Regional Bench.Since 19 Dec 2017
    Vide Final Order Nos. 20934–20937/2026 dated 24 June 2026, the Hon’ble CESTAT set aside the Order-in-Original and the entire demand of customs duty of ₹15,24,30,536, along with unquantified interest, redemption fine and penalties. The Tribunal held that the Department had failed to establish undervaluation with cogent evidence and allowed all four appeals with consequential relief. The Company may seek a consequential refund of ₹75,00,000 appropriated under the Order-in-Original, subject to the applicable statutory procedure. The matter stands decided in favour of the Company, subject to any further appeal or proceedings initiated by the Department.MoreLess
    At the filing before: The Company had challenged the Order-in-Original dated 30 April 2024, which confirmed the demand relating to alleged undervaluation and misdeclaration of imported fish meal, along with differential customs duty, interest, redemption fine and penalties. The Company and three other appellants filed appeals before CESTAT.MoreLess

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.