MUKAND LTD (ML), incorporated in the year 1937, was acquired by the present promoter families, Shri Jamanlal Bajaj and Shri Jeevan Lal Shah, on the behest of Mahatma Gandhi in the year 1939. The Company then operated re-rolling mills and a foundry in Lahore and at Reay Road, Bombay respectively. The Company was rechristened Mukand Ltd. in the year 1989 and had grown to become a multi division, multi product conglomerate
*Please Note: The company also have various WOS and Associates which has been recorded as zero value due diminution of value.
It also has a captive power generation plant with a capacity of 15MW. Apart from the core assets, Mukand has a large land bank in the industrial area of Thane.
MUKAND ENGINEERS LIMITED (MEL), incorporated in 1987, offer services in areas of engineering construction including feasibility studies, planning, procurement, construction, erection and commissioning of projects across industries such as petrochemicals, oil exploration and refineries, fertilizers, steel plants, aluminium plants, thermal and nuclear plants. MEL holds 0.48% equity shares of ML and 0.93% preference shares of ML.
ADORE TRADERS & REALTORS PRIVATE LIMITED (Adore) is engaged in the business of trading of metals and metal ores, loan & Investment and reals estate business.
MUKAND GLOBAL FINANCE LIMITED (MGFL) is engaged in Non-Banking financial activities viz. loans & advances and investment.
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