# Mukand approves transfer of industrial machinery business to Mukand Heavy Engineering

The board of Mukand has approved the transfer of its industrial machinery business, including EOT cranes and materials handling equipment, to its wholly owned subsidiary Mukand Heavy Engineering.

- Type: Acquisition
- Announced: 2025-05-16
- Where: India
- Status: announced
- Products: EOT cranes, materials handling equipment, process plant equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Mukand Ltd](https://endata.com/companies/21452.md)
- [Mukand Heavy Engineering](https://endata.com/companies/84789.md) (target)

## Sources

- [business-standard.com](https://www.business-standard.com/markets/capital-market-news/board-of-mukand-approves-transfer-of-industrial-machinery-biz-to-mukand-heavy-engineering-125051601032_1.html), 2025-05-16: "The Board of Mukand at its meeting held on 16 May 2025 has approved the transfer of part of Industrial Machinery Business namely designing, manufacturing, erecting and commissioning EOT Cranes, other materials handling and process plant equipment activities to Mukand Heavy Engineering."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.