MUKANDLTDNSEMukand Limited· Steel And Steel ProductsMediumNeutral
Announced Tue, 12 May · 18:43 IST

Mukand Limited has informed the Exchange about Agreements

Strategic Transactions View source PDF

MUKANDLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.6%1-day move
₹136.25
prior close
₹136.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.6+1.9+2.2+1.5+1.6+2.8+9.7+6.6+3.6+2.2+2.7-0.6-0.3
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AI summary

Mukand Limited has completed the sale of land parcels at Kalwa and Dighe villages in Thane, Maharashtra to AGP DC Infra Private Limited. The sale includes balance land at Kalwa (~3.07 acres) for Rs. 110.83 crore and a 50% undivided share at Dighe (~0.06 acres) for Rs. 1.02 crore, bringing total consideration to approximately Rs. 111.85 crore. The company had disclosed an earlier intimation on March 27, 2026 regarding this transaction. In aggregate, the company has now transferred approximately 69,823 sq. mtrs (~17.25 acres) across both villages. The buyer is not part of the promoter or group companies, and the transaction is not a related party deal. The company states the sale is not expected to impact its operations and does not constitute the sale of an undertaking or substantially the whole of the undertaking under Section 180(1)(a) of the Companies Act, 2013.

Likely market impact

The sale of land for ~Rs. 111.85 crore unlocks real estate value without affecting operations, though it is not a major transformation event for the company.