Isgec Heavy Engineering Limited — Important, 25-06-2026: Sale or disposal
25-06-2026 | 06:23 pm
25-06-2026 | 06:23 pm
ISGEC sold 25% stake (5 lakh shares) in its JV, Isgec SFW Boilers, to partner Sumitomo. This reduces ISGEC's holding to 26%, changing the JV from a subsidiary to an associate. Consideration was Rs 4 Cr. The JV contributed 0.18% of turnover and 0.29% of net worth in FY25.
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