Board Meeting27 May 2026, 07:12 pm
ISGEC Board Approves FY26 Results, ₹6 Dividend
AI Summary
ISGEC Heavy Engineering Ltd's board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board recommended a dividend of ₹6 per equity share of Re.1 each for FY26, subject to shareholder approval. It also approved a ₹25 Crore capital expenditure for capacity addition at the Steel Castings division in Muzaffarnagar. The board revised the composition of the Committee of Directors and approved the issuance of additional corporate guarantees not exceeding ₹6550 Lakhs for its subsidiary, Isgec Titan Metal Fabricators Private Limited.
Key Highlights
- Audited FY26 standalone and consolidated financial results approved.
- Dividend of ₹6 per share recommended, pending shareholder approval.
- ₹25 Crore capex approved for Steel Castings division expansion.
- Committee of Directors' composition revised.
- Corporate guarantees up to ₹6550 Lakhs approved for subsidiary.
Price Impact
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