Mukand to sell 9 acres of Kalwa land to AGP DC Infra for Rs 506 crore

Bajaj Group’s Mukand Ltd has finalized a term sheet to sell a significant portion of its land, approximately nine acres, in Kalwa, Thane. Valued at about Rs 506 crore, this strategic move is designed to release value from excess land while maintaining operational stability. The completion of this sale is contingent upon obtaining required approvals from governmental and regulatory bodies.