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Mukand Limited ( (IN:MUKANDLTD) ) has provided an announcement.
Shareholders of Mukand Limited have approved several key resolutions via postal ballot, including the re-appointment of Shri Niraj Bajaj as Chairman and Managing Director and the ratification of his remuneration package. They also endorsed the re-appointment and pay terms of Whole-Time Director Shri Nirav Bajaj, signaling continuity in the company’s top leadership.
Investors further cleared material related-party transactions for financial year 2026-27, including those involving Mukand Heavy Engineering Limited, the company’s wholly owned subsidiary. The passage of these resolutions with the requisite majority provides management with formal backing for planned intra-group dealings and reinforces governance compliance under SEBI’s listing regulations.
More about Mukand Limited
Mukand Limited is an Indian company listed on BSE and NSE, operating under the Bajaj Group banner. The company has a presence in heavy engineering through its wholly owned subsidiary, Mukand Heavy Engineering Limited, and caters to industrial customers with engineered products and related services.
Average Trading Volume: 6,418
Technical Sentiment Signal: Hold
Current Market Cap: 18.28B INR
For a thorough assessment of MUKANDLTD stock, go to TipRanks’ Stock Analysis page.