Isgec Heavy Engineering Limited has notified stock exchanges about receiving an independent Environmental, Social, and Governance (ESG) rating from CFC Finlease Private Limited. The company made this disclosure on March 19, 2026, in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

ESG Rating Details

CFC Finlease Private Limited, operating as a SEBI-licensed ESG Rating Provider under registration number IN/ERP/Category-II/0011, conducted an independent evaluation of Isgec Heavy Engineering Limited based on publicly available information. The evaluation resulted in an ESG rating of 54 for the company.

Regulatory Compliance

The rating disclosure follows SEBI Circular No. SEBI/HO/DDHS/DDHS-PoD-2/P/CIR/2025/59 dated April 29, 2025, which mandates ESG Rating Providers to disclose ratings on stock exchange websites. CFC Finlease published the ESG rating for Isgec Heavy Engineering Limited on the NSE and BSE websites on March 5, 2026, operating under the subscriber-pay model.

Company Clarification

Isgec Heavy Engineering Limited clarified that it has not engaged CFC Finlease Private Limited for ESG rating purposes. The rating was carried out independently by the rating provider without any formal engagement or request from the company. This information has also been disclosed on the company's website at www.isgec.com .

Communication Details

The notification was communicated to Isgec Heavy Engineering Limited through an email from Shavi Chawla, Chief Ratings Officer at CFC Finlease Private Limited, on March 19, 2026. The company's Compliance Officer, Kalyan Ghosh (Membership No. A10790), signed the regulatory filing submitted to both BSE Limited and National Stock Exchange of India Limited.

ISGEC Heavy Engineering Limited has successfully issued a Standby Letter of Credit (SBLC) of CAD 2 million to support its Canadian subsidiary's working capital requirements. The company informed stock exchanges on March 17, 2026, about this significant financial commitment that strengthens its international operations.

SBLC Issuance Details

The engineering company issued the SBLC on March 16, 2026, in favor of Royal Bank of Canada, which serves as the banker for Eagle Press & Equipment Co. Ltd, Canada. This wholly owned subsidiary will utilize the facility to secure additional working capital loans from its banking partners.

Board Approval and Background

The Board of Directors had previously approved this arrangement during their meeting on November 13, 2025. The approval covered providing SBLC not exceeding CAD 2 million, equivalent to approximately Rs. 13 crores, to secure additional working capital loan facilities for Eagle Press.

The original board resolution specified that the SBLC could be issued in one or more tranches to banks, providing flexibility in the implementation. The company had indicated that promoter, promoter group, or group companies have no interest in this transaction, confirming it as a standard subsidiary support arrangement.

Compliance and Documentation

The company filed the update with BSE Limited and National Stock Exchange of India Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Compliance Officer Kalyan Ghosh signed the official communication on March 17, 2026.

Strategic Impact

According to the company's earlier disclosure, this financial support will enable Eagle Press to draw working capital loans from its bankers to execute expected new orders and manage increased business levels. The facility represents ISGEC's commitment to supporting its international subsidiaries' growth and operational requirements.

The company has maintained transparency by disclosing this information on its website at www.isgec.com , in addition to informing the stock exchanges. ISGEC confirmed that there are no other changes in the disclosure made earlier, except for the issuance of the SBLC.