ISGEC Heavy Engineering Limited has announced a strategic partnership with the National Sugar Development Council of the Federal Republic of Nigeria through a Memorandum of Understanding signed on April 16, 2026. This international collaboration aims to strengthen Nigeria's sugar industry development through comprehensive technical support and expertise.

Partnership Details and Scope

The MoU establishes a framework for ISGEC to provide extensive technical assistance for sugar plant development projects across Nigeria. The partnership encompasses multiple areas of expertise that will support both new and existing sugar manufacturing facilities.

Technical Services and Support Framework

Under this agreement, ISGEC will deliver comprehensive technical support covering various aspects of sugar plant development. The company's services will include development of feasibility studies, preparation of detailed cost estimates, and assessment and valuation of existing assets. Additionally, ISGEC will offer technical solutions and specialized training programs related to both greenfield and brownfield sugar plant projects throughout Nigeria.

The partnership also involves design activities and technical assistance for project development, positioning ISGEC as a key technical partner in Nigeria's sugar industry expansion plans.

Strategic Partner Profile

The National Sugar Development Council (NSDC) serves as Nigeria's central governmental agency with comprehensive responsibilities in the sugar sector:

• Policy and Regulation: Formulates and implements the National Sugar Master Plan guiding sugar production and investment programs
• Industry Supervision: Oversees major local sugar companies in establishing sugarcane cultivation to reduce import dependency
• Investment Promotion: Facilitates and promotes investments in the sugar sector
• Technical Support: Provides research, capacity building, and technical assistance to industry players
• Import Management: Works with government to manage sugar import levies and duties for industry development

Business Impact and Market Opportunities

This partnership opens significant growth avenues for ISGEC in the African sugar industry market. The company expects to gain access to new business opportunities for sugar plant projects specifically in Nigeria while achieving enhanced visibility throughout the sugar industry across Nigeria and the broader African continent.

The collaboration represents a strategic move to expand ISGEC's international footprint in the sugar processing sector, leveraging the company's technical expertise in industrial plant development. As a non-related party transaction, this partnership maintains arm's length commercial terms while providing mutual benefits to both organizations.

The MoU disclosure has been made in compliance with SEBI Listing Regulations and is available on the company's website for stakeholder reference.

ISGEC Heavy Engineering Limited has announced two significant initiatives for its shareholders through a regulatory filing dated April 11, 2026. The company has opened a special window for re-lodgement of physical share transfer requests and relaunched its investor awareness campaign to enhance shareholder services.

Special Window for Physical Share Transfers

Pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/13750/2026 dated January 30, 2026, ISGEC Heavy Engineering has opened a special window for re-lodgement of transfer deeds relating to physical securities. This facility will remain available for one year from February 05, 2026 to February 04, 2027.

The special window covers cases where transfer requests were previously submitted but rejected, returned, or not processed due to document deficiencies or procedural issues. It also accommodates fresh transfer requests, subject to fulfillment of prescribed conditions.

Transfer Conditions and Restrictions

Securities transferred under this special window will be mandatorily credited to the transferee only in demat mode and will remain under lock-in for one year from the date of registration of transfer. During this lock-in period, such securities cannot be transferred, delivered, or marked as pledged.

Shareholders seeking to utilize this facility must submit their transfer requests along with requisite documents to the company's Registrar and Share Transfer Agent, M/s Alankit Assignments Limited, located at Alankit House, 4E/2, Jhandewalan Extension, New Delhi-110055.

Relaunch of 100 Days Campaign

Isgec Heavy Engineering has also relaunched the 100 Days Campaign "Saksham Niveshak" following communication from the Investor Education and Protection Fund Authority (IEPFA) dated March 27, 2026. The campaign will run from April 01, 2026 to July 09, 2026.

During this campaign, shareholders who have not claimed their dividends, need to update their KYC and nomination details, or face issues related to unclaimed dividends and shares can seek assistance from the company's registrar.

Shareholder Services and Contact Information

Both initiatives aim to enhance shareholder services and ensure compliance with regulatory requirements. Shareholders can contact M/s Alankit Assignments Limited at telephone numbers 011-42541234 or 011-23541234, or via email at rta@alankit.com or ramap@alankit.com . For company-related queries, shareholders can also reach out to roym@isgec.com .

The announcement was made by Kalyan Ghosh, Compliance Officer (Membership No. A10790), as part of the company's obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information has been uploaded on the company's website at www.isgec.com for shareholder reference.