Mukand Limited Completes Land Sale of Parcels at Kalwa and Dighe
Mukand Limited announced the completion of the sale of land parcels located in villages Kalwa and Dighe. The company executed Conveyance Deeds for the balance land at Kalwa and a portion of land in Dighe, finalizing the transfer of land holdings in both villages.The sale transactions, which were completed on May 12, 2026, involved the transfer of land to AGP DC INFRA PRIVATE LIMITED.
The company specified the details and considerations for the two separate land disposals:
| Location | Details of Sale | Consideration Received |
|---|---|---|
| Kalwa | Balance land, situated at village Kalwa, including an adjoining non-exclusive right of way in perpetuity. | Rs. 110,82,94,931 |
| Dighe | 50% undivided share, right, title and interest into or upon land parcels of the Company, admeasuring 230 square meters (approximately 0.06 Acres). | Rs. 1,02,47,650 |
The aggregate consideration received from the sale/disposal is Rs. 111,85,42,581 (Rupees One Hundred and Eleven Crores Eighty Five Lakhs Forty Two Thousand Five Hundred and Eighty One only).
With the transfer, Mukand Limited completed the disposal of land at villages Dighe and Kalwa, covering an approximate area of 69,823 square meters, equivalent to approximately 17.25 acres.
The company noted that the purchaser, AGP DC INFRA PRIVATE LIMITED, does not belong to the Promoter or Promoter Group/Group Company, meaning the transaction is not classified as a Related Party Transaction. Furthermore, Mukand Limited stated that the sale is not expected to have any impact on the company’s ongoing operations, and the sale of these land parcels does not constitute a substantial undertaking for the company.
MUKANDLTD Stock Price Movement
Mukand Limited shares today slipped by 0.58% to settle at ₹135.32 in post-market trading. The stock saw considerable activity, trading on a volume of 149,718 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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