Mukand Limited has officially notified stock exchanges about its upcoming board meeting scheduled for February 12, 2026, where directors will review and approve the company's quarterly financial performance. The meeting represents a crucial milestone in the company's financial reporting calendar as it prepares to disclose its third-quarter results for fiscal year 2026.

Board Meeting Details

The board meeting agenda focuses on comprehensive financial review and approval processes. Key aspects of the scheduled meeting include:

Trading Window Restrictions

Mukand Limited has implemented mandatory trading window closure in accordance with regulatory requirements. The company has established specific restrictions to ensure compliance with insider trading regulations during the financial results preparation period.

Regulatory Compliance Framework

The company's announcement demonstrates strict adherence to SEBI listing obligations and disclosure requirements. Mukand Limited has fulfilled its notification responsibilities under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The trading window closure affects all designated persons as defined in the company's Code of Conduct, which has been framed pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.

Stock Exchange Communication

Mukand Limited has formally communicated the board meeting schedule to both major Indian stock exchanges. The company maintains its listing presence on BSE Limited with scrip code 500460 and National Stock Exchange of India Limited under the symbol MUKANDLTD. Company Secretary Rajendra Sawant has signed and submitted the official notification to ensure transparent communication with market participants and regulatory authorities.

Mukand Limited , a prominent player in the specialty steel and industrial machinery sector, has reported a decline in its financial performance for the second quarter of fiscal year 2026. The company's results reflect challenges in the current economic environment.

Revenue and Profitability

For Q2 FY2026, Mukand reported a consolidated revenue from operations of ₹1,160.62 crore, marking a decrease from ₹1,262.84 crore in the corresponding quarter of the previous year. This represents a year-on-year decline of approximately 8.1%.

The company's profitability also saw a significant reduction:

Segment Performance

Mukand's business is primarily divided into two segments:

1. Specialty Steel: This segment generated revenue of ₹1,138.72 crore in Q2 FY2026, compared to ₹1,208.34 crore in Q2 FY2025, showing a decline of about 5.8%.

2. Industrial Machinery & Engineering Contracts: This segment reported revenue of ₹23.73 crore in Q2 FY2026, significantly lower than the ₹54.50 crore reported in the same quarter last year, representing a substantial decrease of approximately 56.5%.

Financial Position

As of September 30, 2025, Mukand's consolidated balance sheet shows:

• Total Assets: ₹3,775.91 crore
• Total Equity: ₹957.50 crore
• Total Liabilities: ₹2,818.41 crore

Other Developments

1. The company has executed an Agreement for Sale on July 23, 2025, for land parcels in Thane District for a consideration of approximately ₹673 crore. This transaction is subject to necessary approvals and fulfillment of conditions precedent.

2. Mukand's Board of Directors approved the sale and transfer of part of its Industrial Machinery Division to Mukand Heavy Engineering Limited, a wholly-owned subsidiary, through a Business Transfer Agreement executed on October 18, 2025.

3. The National Company Law Tribunal approved a scheme of demerger of the Stainless Steel Cold Finished Bars and Wires business from Mukand Sumi Metal Processing Limited into Mukand Ltd., effective from April 01, 2024.

While Mukand faces challenges in the current quarter, these strategic moves may position the company for potential operational efficiency in the future. Investors and stakeholders will likely be watching closely to see how these developments impact the company's performance in the coming quarters.