With reference to its letter dated 16th May, 2025 and pursuant to Regulation 30 read with Schedule III Part A of Listing Regulations, Mukand has informed that the company and Mukand Heavy Engineering (‘MHEL’ or ‘Transferee Company’), a wholly owned subsidiary of Company has executed a Business Transfer Agreement (‘BTA’) on October 18, 2025, for transfer of part of Industrial Machinery Business namely designing, manufacturing, erecting and commissioning EOT Cranes, other materials handling and process plant equipment activities (‘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. The detailed disclosure as required pursuant to Regulation 30 of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 has already been disclosed in our earlier intimation dated 16th May, 2025, and additional disclosure of BTA is given in ‘Annexure A’. The above intimation is also available on the website of the Company at www.mukand.com.
