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ISGEC Completes Equity Infusion in Joint Venture

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ISGEC Completes Equity Infusion in Joint Venture

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ISGEC Heavy Engineering Ltd. ( (IN:ISGEC) ) just unveiled an update.

ISGEC Heavy Engineering Ltd. has completed an additional equity infusion in its joint venture and subsidiary, Isgec Titan Metal Fabricators Private Limited. The transaction involved the allotment of equity shares to joint venture partners, maintaining the existing shareholding ratio. This move signifies ISGEC’s commitment to strengthening its joint ventures, potentially enhancing its operational capabilities and market position.

More about ISGEC Heavy Engineering Ltd.

ISGEC Heavy Engineering Ltd. operates in the engineering industry, focusing on manufacturing heavy engineering equipment and providing engineering services. The company is involved in various sectors, including power, oil and gas, and infrastructure, with a strong emphasis on joint ventures and collaborations to enhance its market presence.

YTD Price Performance: -30.33%

Average Trading Volume: 5,215

Current Market Cap: 73.82B INR

For detailed information about ISGEC stock, go to TipRanks’ Stock Analysis page.

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