11:03 AM, 18th Oct 2025
With reference to our letter dated May 16 2025 and pursuant to Regu. 30 read with Schedule III Part A of SEBI (LODR) Regulations we wish to inform that Mukand Ltd. (the Company) and Mukand Heavy Engineering Ltd. (MHEL or Transferee Company) a wholly owned subsidiary of the Company has executed a Business Transfer Agreement (BTA) on October 18 2025 for transfer of part of Industrial Machinery Business (Transferred Business) from the Company to MHEL via Slump Sale on a going concern basis on such terms and conditions as mentioned in the BTA.