Mukand Limited Completes Rs 555 Cr Land Sale at Dighe

Mukand Limited executed two Conveyance Deeds on March 27, 2026, for sale of land parcels totaling approximately 67,257 sq. mtrs (16.62 acres) at village Dighe, Thane, Maharashtra, to AGP DC INFRA PRIVATE LIMITED.

Transaction Details

- 50% undivided share in 9,871 sq. mtrs (2.44 acres) land + reciprocal right of way: Rs 43.98 crore

- Additional 57,386 sq. mtrs (14.18 acres) land: Rs 511.37 crore

- Total consideration Rs 555.35 crore; Rs 110 crore advance adjusted, balance Rs 445.35 crore received

Pending Portion and Impact

Remaining 12,437 sq. mtrs (3.07 acres) at Kalwa plus 639 sq. mtrs right of way (Rs 110.83 crore) pending sub-division approval. Sale unlocks value without operational impact.

Shares of Mukand Limited was last trading in BSE at Rs. 115.80 as compared to the previous close of Rs. 121.95. The total number of shares traded during the day was 9605 in over 117 trades.

The stock hit an intraday high of Rs. 121.00 and intraday low of 115.40. The net turnover during the day was Rs. 1127472.00.

Source : Equity Bulls

Keywords

Mukand INE304A01026 LandSale Dighe