Mukka Proteins witnessed a sharp surge of over 13% in its share price after the company announced that its joint venture with Hardik Gowda and MS Jathin Infra Private Limited has secured a major work order worth ₹4,74,89,14,500 from Bengaluru Solid Waste Management Limited (BSWML). The order, dated 3 December 2025, covers the large-scale treatment and disposal of legacy leachate accumulated at the Mittaganahalli and Kannur landfill sites.
The massive contract has significantly boosted market sentiment, as it positions the company’s JV as a key player in one of Bengaluru’s most critical environmental management projects. The scope of work focuses entirely on clearing and treating aged leachate pools that have built up over years at the two landfill locations, a task that the city has been trying to address through advanced and sustainable solutions.
According to the company’s exchange filing, the contract is exclusive of GST and is expected to be executed over a period of four years, or earlier if the treatment process is completed ahead of schedule. The order has been awarded by a domestic public sector entity, and Mukka Proteins confirmed that neither the promoter group nor any related parties have any interest in BSWML. The transaction does not fall under related-party agreements.
The work order marks a significant milestone for Mukka Proteins, which has been steadily expanding its footprint in waste management and environmental services through strategic partnerships. With this JV-led contract, the company is expected to gain both operational visibility and long-term revenue support.