Announced Wed, 15 Jul · 15:06 IST
Mukand to sell 9.20 acres Kalwa land for about Rs.506 crore
Strategic Transactions View source PDF
MUKANDLTD · price
▲ 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
+7.3%1-day move
₹136.99
prior close
₹140.99
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+0.3+0.0—+7.3+5.2+4.9+6.0+3.7+0.8————
Up moveDown movePending
AI summary
Mukand Ltd has executed a term sheet on 15 July 2026 to sell around 9.20 acres of land at Kalwa, Thane to AGP DC Infra Private Limited (Bengaluru) at Rs.55 crore per acre, aggregating to about Rs.506 crore. The company has received an advance of Rs.10 crore. The buyer is not a related party. The sale is aimed at unlocking value and will not impact the company operations. Completion is subject to government approvals, NOCs, due diligence, and survey.
Likely market impact
Positive: unlocks about Rs.506 crore from non-core land. No impact on operations. Pending approvals and due diligence.