Perth-based Mission Biofuels Ltd's Mauritian subsidiary Mission Agro Energy Ltd will acquire a 20 per cent stake in the company's Indian joint venture, taking its holding to 90 per cent, the company has announced.

Perth-based Mission Biofuels Ltd's Mauritian subsidiary Mission Agro Energy Ltd will acquire a 20 per cent stake in the company's Indian joint venture, taking its holding to 90 per cent, the company has announced.