Isgec Heavy Engineering Limited has announced the closure of its trading window starting October 1, 2026. This restriction applies to all designated persons until 48 hours after the declaration of unaudited financial results for the quarter and half year ending September 30, 2026.

Regulatory compliance and trading restrictions

The move is in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The company’s code of conduct mandates that individuals possessing unpublished price sensitive information (UPSI) refrain from dealing in the company’s securities during this period. Consequently, designated persons and their immediate relatives are advised not to trade in equity shares of the company.

PAN freezing measures

In line with SEBI circulars dated July 19, 2023, and April 21, 2025, Isgec has updated information on the NSDL portal. This update restricts trading by designated persons and their immediate relatives by freezing their Permanent Account Numbers (PAN) at the security level. This measure ensures strict adherence to insider trading prevention protocols during the sensitive reporting period.

Key dates and compliance details

The intimation regarding these restrictions has been uploaded on the company’s official website. The closure ensures that no insider trading occurs while financial results are being finalized and approved.

ISGEC Heavy Engineering Ltd has accepted the resignation of Radhika Arora from the position of Chief Human Resources Officer. Arora will cease to be associated with the company effective from the closing of business hours on Monday, September 21, 2026.

The capital goods manufacturer disclosed the change in senior management to the Bombay Stock Exchange and the National Stock Exchange of India Limited. The disclosure was made pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Arora tendered her resignation citing a "better growth opportunity" as the primary reason for leaving. In her resignation letter dated June 30, 2026, addressed to Aditya Puri, she expressed gratitude for the trust and guidance received during her tenure.

Key details of the transition include:

Arora requested an early release from her three-month notice period, subject to a smooth transition of responsibilities. The company confirmed that a copy of the resignation letter containing detailed reasons is attached as Annexure A to the exchange filing.

Compliance and Transition

The intimation regarding the management change has been uploaded to the company's website at www.isgec.com . Kalyan Ghosh, the Compliance Officer for ISGEC Heavy Engineering Limited, signed the disclosure document. The company stated that Arora remains committed to ensuring a seamless handover of her duties and supporting the identification of her successor.