ImportantSale or disposal

ISGEC sold 25% stake (5 lakh shares) in its JV, Isgec SFW Boilers, to partner Sumitomo.

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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.

Read the original filing(PDF)

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