StockWatch
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Iron & Steel
Sale19 Aug 2026, 06:30 pm

Mukand Ltd Receives ₹59.29 Cr as Second Tranche for Kalwa Land Sale

AI Summary

Mukand Ltd has announced the receipt of ₹59.29 crore from AGP DC Infra Private Limited. This payment represents the second tranche of the part consideration for the sale of land located in Kalwa. This update follows the execution of a Term Sheet on July 15, 2026, between Mukand Ltd and AGP DC Infra Private Limited for the aforementioned land sale. The company has requested this information be taken on record.

Key Highlights

  • Received ₹59.29 crore as second tranche payment.
  • Payment is for the sale of land at Kalwa.
  • Transaction is with AGP DC Infra Private Limited.
  • Update follows Term Sheet execution on July 15, 2026.