ISGEC: Corporate Guarantee of ₹65.5 Cr for Subsidiary

ISGEC Heavy Engineering Ltd's board approved the issuance of corporate guarantees not exceeding ₹6550 Lakhs (₹65.5 Cr) in favor of banks on behalf of its Joint Venture and Subsidiary, Isgec Titan Metal Fabricators Private Limited. This guarantee will enable the subsidiary to avail additional working capital limits to meet its operational requirements. The board also approved audited financial results for the quarter and year ended March 31, 2026, recommended a dividend of ₹6 per equity share, and approved a capital expenditure of ₹25 Crore for capacity addition of the Steel Castings division.