Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Maiden Forgings Limited has intimated the BSE Limited of the sale of its vacant land parcel.
The property sold is situated at C-10, Bulandshahr Road Industrial Area, Ghaziabad. The total consideration for the sale is ₹12.90 Crore (Rupees Twelve Crore Ninety Lakh only).
The company stated that the proceeds from this sale will be utilized towards the expansion and development of its facilities at its new unit located in Murad Nagar. This action is in line with the company's stated growth and capacity expansion plans.
The disclosure references an earlier announcement regarding the commencement of operations at the company's new facility in Bhojpur, Ghaziabad. The company has committed to keeping the stock exchange informed of any further material developments regarding this matter.
The intimation was signed and submitted by Monika Negi, Company Secretary and Compliance Officer (Membership No. A42847), on behalf of Maiden Forgings Limited on August 13, 2026.