Mukand Ltd. — Capital/Financing Update 2023

Jan 5, 2023

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January 05, 2023

		Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 ISIN CODE:INE304A01026 BSE ScripCode : 500460		Listing Department National Stock Exchange of India Limited Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex Bandra (E), Mumbai – 400051 ISIN CODE:INE304A01026 NSE ScripName: MUKANDLTD

Dear Sirs

Re: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Sale of land at Kalwe and Dighe

This is further to our disclosures made on June 25, 2021 and March 2, 2022, in terms of Regulation 30 of SEBI LODR, concerning the proposed sale of surplus land of approx. 47 acres at our Kalwe/ Dighe facility in Thane District, for the lump sum consideration of Rs.806,14,00,000/-, subject to the fulfillment of certain conditions precedent.

In this regard we wish to inform you that on January 05, 2023, the Company has completed the transfer of 45.94 acres of the said land by executing the necessary Deeds of Conveyance in favour of the Purchaser – AGP DC Infra Two Private Limited for aggregate consideration of Rs.796.46 crores. The entire consideration is received by the Company.

The Purchaser is not related to promoter / promoter group / group companies and transaction does not fall within related party transactions.

Kindly take the above on your record.

Yours faithfully,

For Mukand Limited

Digitally signed by RAJENDRA DATTARAM SAWANT RAJENDRA DN: c=IN, o=Personal, pseudonym=6616A0372AF0C8C6D014A0E76CCA8893056888 FA, 2.5.4.20=6e7caa3255accfd5feda94fa88811d8dc02626ad085a DATTARAM e182e7dbc948578fd996, postalCode=400013, st=Maharashtra, serialNumber=D3E75CCE44BAD361E6E3E8B7643821EA834F0 05301BADB09B178FDE1E44BD5D7, cn=RAJENDRA SAWANT DATTARAM SAWANT Date: 2023.01.05 15:12:31 +05'30' Rajendra Sawant Company Secretary

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