Outcome of Board Meeting
Mukand Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 22, 2014, has approved a proposal to transfer its Special & Alloy Steel Business, having an installed capacity of 3,70,000 MT per annum, as a going concern by way of a slump sale to a subsidiary company (to be formed) for an enterprise value of approximately Rs. 1590 crore, subject to deduction of debt and net working capital adjustment as on the date of transfer ....22-12-2014