Mukand Limited — Others, 11-08-2025: Copy of Newspaper Publication

Mukand Limited's board meeting approved the financial results for the quarter ending June 30, 2025. The company has entered a sale agreement for approximately 17.77 acres of land in Thane for about Rs 673 Crore, pending necessary approvals. This asset monetization is a key move for shareholders. Additionally, the Board approved the transfer of its Industrial Machinery Division to a wholly-owned subsidiary, Mukand Heavy Engineering. This streamlines operations, focusing on core business. The demerger of the Stainless Steel Cold Finished Bars & Wires business into the company was also approved, effective April 1, 2024. These strategic actions aim to enhance focus and unlock value.