Isgec Heavy Engineering Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting

ISGEC Heavy Engineering's Board has announced a board meeting on August 13, 2025, where it approved the consolidated financial results for the quarter ended June 30, 2025. Consolidated revenue from operations reached ₹1,340.99 Cr, with profit standing at ₹58.63 Cr. The Board reaffirmed a ₹5/- dividend per share for FY25, pending shareholder approval at the September 16 AGM. The record date is September 8, with payment by October 14. A significant strategic update involves the divestment of its Philippines Ethanol Plant business by selling Bioeq Energy Holding One for ~$10M (~₹85.76 Cr), aiming for completion by September 15. The Board also approved reconstitution of various committees.