Mukand Limited sells 45.94 acres land for Rs. 796.46 crores.

Mukand Limited had earlier announced the proposed sale of surplus land of approx. 47 acres at our Kalwe / Dighe facility in Thane District, for the lump sum consideration of Rs. 806,14,00,000/-, subject to the fulfillment of certain conditions precedent.

On January 05, 2023, the Company has completed the transfer of 45.94 acres of the said land by executing the necessary Deeds of Conveyance in favour of the Purchaser - AGP DC Infra Two Private Limited for aggregate consideration of Rs. 796.46 crores. The entire consideration is received by the Company.

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