Mukand Sells Kalwa, Dighe Land for Rs 111.85 Cr

Mukand Limited has completed the sale of land parcels at villages Kalwa and Dighe through the execution of Deeds of Conveyance on May 12, 2026. This development follows the company's earlier disclosure dated March 27, 2026, and marks the conclusion of the transfer of lands admeasuring approximately 69,823 sq. mtrs, equivalent to approximately 17.25 acres, at these two locations.

Land Sale Transactions: Key Details

The company executed two separate conveyance deeds as part of this transaction. The first pertains to the sale of balance land at village Kalwa, while the second covers a 50% undivided share in land parcels at village Dighe. The following table summarises the key parameters of both transactions:

Parameter:	Kalwa Land	Dighe Land
Location:	Village Kalwa, Taluka Thane, Registration District Thane	Village Dighe, Taluka Thane, Registration District Thane
Area:	Approx. 12,437.38 sq. mtrs (approx. 3.07 acres)	230 square meters (approx. 0.06 Acres) — 50% undivided share
Consideration:	Rs. 110,82,94,931/-	Rs. 1,02,47,650/-
Date of Execution:	12 May 2026	12 May 2026
Date of Completion:	12 May 2026	12 May 2026

The aggregate consideration received from both transactions amounts to Rs. 111,85,42,581/- (Rupees One Hundred and Eleven Crores Eighty Five Lakhs Forty Two Thousand Five Hundred and Eighty One only).

Buyer Details and Transaction Nature

The purchaser in both transactions is AGP DC Infra Private Limited (formerly known as APG DC Infra Private Limited), a company incorporated under the Companies Act, 2013, with its registered office at Assetz House, 30, Crescent Road, Bengaluru, Karnataka, India – 560001.

Key disclosures regarding the nature of the transaction are as follows:

The purchaser does not belong to the promoter, promoter group, or group companies of Mukand Limited.
The transaction does not fall under the ambit of related party transactions.
None of the company's Promoters, Directors, Key Managerial Personnel, and/or their relatives are interested, either directly or indirectly, in the aforesaid matter.
The purpose of entering into the Deeds of Conveyance is to unlock value from the land parcels without affecting the operations of the company.

Operational and Regulatory Context

Mukand Limited has clarified that the said sale is not expected to have any impact on the company's operations. Furthermore, the sale of these land parcels does not constitute a transfer of an undertaking or substantially the whole of the undertaking in terms of Section 180(1)(a) of the Companies Act, 2013. The disclosure has been made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the relevant SEBI Master Circular. With the completion of these transactions, Mukand Limited has concluded the full transfer of lands at villages Dighe and Kalwa as referenced in its earlier intimation dated March 27, 2026.

Source: None/Company/INE304A01026/384abf49ee854e9e.pdf

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.37%	+1.25%	+5.61%	+6.12%	+24.98%	+23.54%

Mukand Limited has announced a scheduled board meeting on May 14, 2026, to review and approve crucial financial documents for the concluded financial year. The meeting represents a significant milestone in the company's annual reporting cycle as it prepares to present its audited financial performance to stakeholders.

Board Meeting Agenda

The board meeting has been structured to address two primary objectives for the financial year ended March 31, 2026:

Agenda Item:	Details
Financial Results Review:	Consider and approve audited financial results (standalone and consolidated) for Q4FY26 and FY26
Dividend Consideration:	Recommend dividend, if any, on equity shares for FY26
Meeting Date:	Thursday, May 14, 2026

Trading Window Restrictions

In accordance with regulatory compliance requirements, Mukand Limited has implemented trading window restrictions to ensure adherence to insider trading regulations. The company has established a comprehensive closure period affecting designated personnel.

Parameter:	Timeline
Trading Window Closure:	April 1, 2026 to May 16, 2026 (both days inclusive)
Applicable Regulations:	SEBI (Prohibition of Insider Trading) Regulations, 2015
Affected Personnel:	Designated persons as per company's Code of Conduct

The trading window closure ensures that individuals with access to unpublished price-sensitive information are restricted from trading in the company's securities during this critical period. All designated persons have been formally notified of these restrictions.

Regulatory Compliance

The board meeting announcement has been made in strict compliance with Regulation 29 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about board meetings that will consider financial results or dividend declarations.

The formal intimation was communicated to both BSE Limited and National Stock Exchange of India Limited on April 13, 2026, ensuring transparency and adherence to listing requirements. Company Secretary Rajendra Sawant has signed the official communication, confirming the company's commitment to regulatory compliance and corporate governance standards.