Isgec Heavy Engineering Limited — Important, 15-07-2025: General Updates

ISGEC Heavy Engineering's sale of its non-material wholly owned subsidiary, Bioeq Energy Holdings One, to Triumph Excel Limited is further delayed. The transaction, which involves divesting seven step-down subsidiaries and an associate company, is now expected to complete on or before September 15, 2025. The delay is attributed to the buyer's banking formalities and approval processes. Completion remains contingent on ISGEC's receipt of consideration. This impacts the company's subsidiary structure.