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Mukand sells entire shareholding in JVC for Rs 5.25 crore

15 Jan 2014 Evaluate

Mukand vide share purchase agreement dated January 11, 2014, has sold its entire shareholding in its erstwhile joint venture company (JVC) ‘Bekaert Mukand Wire Industries’ to Bekaert Industries for a sale consideration of Rs 5.25 crore. The company has sold 1.30 crore equity shares of JVC acquired at a cost of Rs 13 crore.

Mukand, earlier known as Mukand Iron & Steel Works, is engaged in manufacturing of alloy and stainless steel long products. The company operates in four segments namely steel, industrial machinery, road construction and other products.

Mukand Share Price

136.00 -0.70 (-0.51%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 212.05
JSW Steel 1239.90
SAIL 173.50
Jindal Stainless 787.90
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