MUKAND LTD.

Mukand Ltd responded to an inquiry from the stock exchange regarding significant movement in its security price. The company stated that it has not withheld any material information or price-sensitive events that would impact its operations or performance, as required by SEBI regulations. Mukand attributes the recent stock price fluctuations purely to prevailing market conditions and asserts that its management is not connected to these movements.

Mukand Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in accordance with the 'Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons'. The trading window will be shut from October 01, 2026, and will reopen 48 hours after the dissemination of the unaudited financial results for the quarter and six months ending September 30, 2026. The company will separately intimate the date of the Board Meeting where these results will be considered.

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.

Mukand Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on August 12, 2026. The company has submitted the financial statements and the limited review report from DHC & Co., Chartered Accountants, to the stock exchanges. The results will also be available on the company's website. Shri Niraj Bajaj, Chairman and Managing Director, is authorized to sign the results.

Mukand Ltd's consolidated Q1 FY27 (quarter ended June 30, 2026) revenue rose 20.7% YoY to ₹1,362.21 Cr (₹1,128.71 Cr a year ago) and 7.3% QoQ (₹1,269.09 Cr in Q4 FY26), while consolidated PAT nearly doubled YoY to ₹57.36 Cr (+97.6% from ₹29.03 Cr) but fell 89.7% QoQ from ₹554.98 Cr. Standalone (secondary) PAT was ₹61.33 Cr on PBT of ₹64.19 Cr and revenue of ₹1,325.68 Cr; the two bases tell a broadly consistent story this quarter (well under 3% divergence in growth), so consolidated is used throughout. Both the YoY jump and the QoQ collapse are distorted by one-off items sitting in Other Income on either side of the comparison. Consolidated Other Income roughly tripled YoY to ₹105.04 Cr from ₹38.68 Cr; the ~₹66 Cr delta closely tracks a rise in standalone Miscellaneous Income (₹104.54 Cr vs ₹36.19 Cr), which the company ties (Notes 2-3) to the conveyance deed executed this quarter for ~3.07 acres of Kalwe land plus a 50% share of 0.06 acres at Dighe. Tax-effecting that estimated one-off at this quarter's ~4.75% effective rate (tax charge of just ₹2.86 Cr on ₹60.22 Cr PBT), adjusted YoY PAT growth looks closer to a swing toward breakeven than the +97.6% headline suggests — net profit margin (PAT/total income) did improve to 3.91% from 2.49% YoY, but that improvement leans heavily on the land gain. That said, the Specialty Steel segment's own operating result also rose to ₹89.2 Cr from ₹40.6 Cr YoY, so some of the gain looks operational too; the filing's disclosure doesn't allow the one-off and any organic improvement to be cleanly separated, so both the raw and adjusted figures should be read with that caveat. On the other side, the QoQ fall from ₹554.98 Cr is a high-base effect: Q4 FY26 Other Income was ₹508.34 Cr, including a ₹173.65 Cr fair-value gain on equity investments — a far larger one-off than this quarter's land gain — so the sequential decline overstates any operational slowdown. Management gives no formal guidance on record, and our prior-quarter concall notes hold none either, so there is no outlook to grade this print against. A web search for Street/consensus estimates for this quarter surfaced only share-price targets (Univest, ~₹145-180) rather than PAT or revenue estimates, so vsStreet is unknown. The filing carries no separate management press release beyond the standard board-outcome letter and result notes. Corporate developments this quarter line up with the land-sale note: the company signed a term sheet on July 15, 2026 to sell a further ~9.20 acres at Kalwe for ₹506 Cr, disclosed as 'Assets Held for Sale' under Ind AS 105 and pending regulatory approvals (Note 4) — that transaction has not yet hit the P&L. Separately, the board had already approved a ₹3/share dividend in May 2026, and a 30% dividend record date was set on July 21, 2026, alongside the FY26 annual report/AGM notice — none of these affect this quarter's P&L directly.

Mukand Limited has issued a letter to shareholders providing the weblink and exact path to access the complete Annual Report for the fiscal year 2025-26. This communication is specifically for shareholders who have not registered their email addresses with the company or depositories, as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also announced its 88th Annual General Meeting (AGM) scheduled for August 12, 2026, to be held via Video Conferencing. The cut-off date for determining voting rights for the AGM is August 5, 2026. Shareholders are encouraged to update their email IDs and consider dematerializing physical holdings.

Mukand Ltd has announced Friday, August 07, 2026, as the record date for determining eligibility for dividend payment. The company's 88th Annual General Meeting is scheduled for Wednesday, August 12, 2026, to be held via Video Conferencing. The Board has recommended a dividend of 30%, equivalent to ₹3 per equity share of ₹10 each, subject to shareholder approval at the AGM. If approved, the dividend will be paid within thirty days of declaration to eligible shareholders.

Mukand Ltd has filed its Annual Report for the Financial Year 2025-26 and the Notice for its 88th Annual General Meeting (AGM). The AGM is scheduled for Wednesday, August 12, 2026, at 11:30 a.m. IST and will be conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The Annual Report includes the Business Responsibility and Sustainability Report. Members who have not registered their email IDs will receive a letter with a web link and QR code to access these documents. Both the Notice and Annual Report are also available on the company's website, www.mukand.com.

Mukand Ltd has executed a Term Sheet with AGP DC Infra Private Limited for the sale of approximately 9.20 acres of land in Kalwa, Thane district. The composite consideration for the land and non-exclusive right of way is approximately ₹506 crore, with an advance of ₹10 crore received. The sale is subject to necessary government approvals, fulfillment of conditions precedent, and satisfactory due diligence by the purchaser. This transaction is not expected to impact the company's operations and does not constitute a substantial part of its undertaking. The purchaser is not a related party.

Mukand Ltd has announced that its Board of Directors will convene on August 12, 2026, to consider and approve the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026. Concurrently, the company will enforce a trading window closure for its securities from June 1, 2026, to August 14, 2026, for designated persons, in compliance with SEBI regulations regarding insider trading.