ISGEC Heavy Engineering Ltd

ISGEC Heavy Engineering Ltd has announced a Board of Directors meeting scheduled for November 4, 2026. The primary agenda is to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2026. Concurrently, the trading window for designated persons will remain closed from October 1, 2026, until 48 hours after the financial results are declared.

ISGEC Heavy Engineering Ltd has issued Letters of Comfort for a cumulative amount of ₹6100 lakhs (₹61 Crore) in favor of the bankers of its Joint Venture and Subsidiary company, Isgec Titan Metal Fabricators Private Limited. This follows an earlier intimation regarding corporate guarantees not exceeding ₹6550 lakhs. The Board of Directors also approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with unmodified audit opinions. A dividend of ₹6 per equity share for FY25-26 was recommended, subject to shareholder approval. Additionally, the company approved a capital expenditure of ₹25 Crore for capacity addition in its Steel Castings division and revised the composition of its Committee of Directors.

ISGEC Heavy Engineering Ltd has issued Letters of Comfort totaling ₹6100 Lakhs (₹61 Crore) in favor of the bankers of its joint venture and subsidiary, Isgec Titan Metal Fabricators Private Limited. This action follows an earlier intimation regarding corporate guarantees not exceeding ₹6550 Lakhs (₹65.50 Crore) for the same entity. The Board of Directors also approved audited standalone and consolidated 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 in its Steel Castings division. Additionally, the composition of the Committee of Directors was revised.

ISGEC Heavy Engineering Ltd has uploaded the transcript of its 93rd Annual General Meeting (AGM). The meeting was held on Monday, September 28, 2026, at 11:00 a.m. IST through video conferencing. The transcript is now available on the company's official website, www.isgec.com, for information and records of stakeholders.

ISGEC Heavy Engineering Ltd has announced the appointment of Ms. Mahua Chakrabarty as its new Chief Human Resources Officer (CHRO), effective October 01, 2026. This appointment, approved by the Board of Directors based on the Nomination and Remuneration Committee's recommendation, signifies a key addition to the company's senior management. Ms. Chakrabarty brings over 20 years of global HR experience, with expertise in people strategy, talent management, organizational development, and change management. Her previous roles include positions at Maccaferri, DE, and HIL TI. She holds a Diploma in Business Management and has completed leadership programs from IMD, Lausanne.

ISGEC Heavy Engineering Ltd has been voluntarily assigned an ESG rating of "57" by Crisil ESG Ratings and Analytics Limited. This rating, based on publicly available information, was issued on September 29, 2026. Crisil ESG Ratings and Analytics Limited is a SEBI-registered 'Category 1' ESG rating provider. The company clarified that it did not engage Crisil for this purpose, and the rating was prepared independently.

ISGEC Heavy Engineering Ltd announced the closure of its trading window for all Designated Persons, effective from October 01, 2026. The window will remain closed until 48 hours after the approval and declaration of the unaudited financial results for the quarter and half year ending September 30, 2026. This action complies with the SEBI (Prohibition of Insider Trading) Regulations, 2015. Additionally, the company has frozen the PAN of Designated Persons and their Immediate Relatives at the security level (ISIN INE858B01029) on the NSDL portal, in accordance with SEBI circulars dated July 19, 2023, and April 21, 2025, to restrict trading.

ISGEC Heavy Engineering Ltd announced the resignation of Ms. Radhika Arora from her position as Chief Human Resources Officer. Her last day of association with the company will be at the close of business hours on Monday, September 21, 2026. Ms. Arora expressed gratitude for her time at ISGEC and committed to ensuring a smooth transition, including assisting in identifying her successor and handing over responsibilities. She also requested consideration for an earlier release, subject to business requirements and a seamless handover.

ISGEC Heavy Engineering Ltd announced the appointment of Mr. Rajesh Goyal as Chief Supply Chain Officer-Project Business, a Senior Management Personnel role. This appointment, effective September 15, 2026, was recommended by the Nomination and Remuneration Committee and approved by the Board of Directors. Mr. Goyal brings extensive experience, including postgraduate studies from IIT Delhi and 35 years in project procurement and management, having previously held leadership positions at companies like ReNew, L&T, Cairn, Essar Group, and Bharat Petroleum.

ISGEC Heavy Engineering Ltd has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. This report is a mandatory part of the company's Annual Report, as per Regulation 34(2)(f) of the Listing Regulations. The BRSR is also available on the company's website.