ImportantSale or disposal
ISGEC sold 25% stake (5 lakh shares) in its JV, Isgec SFW Boilers, to partner Sumitomo.
Isgec Heavy Engineering LimitedISGEC · Filed with the exchange
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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