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An announcement from ISGEC Heavy Engineering Ltd. ( (IN:ISGEC) ) is now available.
Isgec Heavy Engineering Ltd. announced a revised timeline for the sale of its non-material wholly owned subsidiary, Isgec Investments Pte. Ltd., and its step-down subsidiaries. The transaction, initially expected to be completed by March 10, 2025, is delayed due to extended banking formalities and is now anticipated to be finalized by May 10, 2025. This update does not alter any other aspects of the transaction, and stakeholders will be kept informed as the situation progresses.
More about ISGEC Heavy Engineering Ltd.
Isgec Heavy Engineering Ltd. operates in the heavy engineering sector, providing a range of engineering solutions including manufacturing of equipment for power, sugar, and process industries. The company focuses on delivering innovative and efficient engineering products and services to a global market.
YTD Price Performance: -30.19%
Average Trading Volume: 5,267
Current Market Cap: 73.96B INR
Learn more about ISGEC stock on TipRanks’ Stock Analysis page.