Mukand Limited — Important, 16-05-2025: General Updates

Mukand Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company is transferring its Industrial Machinery business to its subsidiary, Mukand Heavy Engineering, via slump sale for equity shares. DHC & Co. and Anant Khamankar & Co. have been re-appointed as statutory and secretarial auditors respectively for five years. A dividend of Rs. 2 per share (20%) is proposed, pending shareholder approval.