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

Mukand Limited has announced a board meeting on the financial results for the quarter and half-year. It approved transferring its Industrial Machinery business (EOT Cranes and material handling) to wholly owned Mukand Heavy Engineering via a slump sale, settled through equity shares. This move aims to sharpen operational focus and boost growth. The company posted consolidated revenue of Rs. 4,890 Cr and PAT of Rs. 75.89 Cr for FY25, with a proposed dividend of Rs. 2/share (20%).