Isgec heavy engineering Limited has announced a board meeting scheduled for February 09, 2026, to review and approve its quarterly financial performance. The engineering company has formally notified stock exchanges about this important corporate development in compliance with regulatory requirements.

Board Meeting Details

The Board of Directors meeting is scheduled to take place on Monday, February 09, 2026, at 10:30 a.m. The primary agenda includes consideration and approval of both standalone and consolidated unaudited financial results for specific reporting periods.

Regulatory Compliance and Trading Window

The company has fulfilled its obligations under Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Both BSE Limited and National Stock Exchange of India Limited have been formally notified about the scheduled board meeting.

As part of standard compliance procedures, Isgec Heavy Engineering Limited has implemented trading restrictions for designated persons. The trading window closure and reopening schedule follows established protocols to ensure fair market practices.

Corporate Communication

The intimation has been signed by Kalyan Ghosh, Compliance Officer (Membership No. A10790), representing Isgec Heavy Engineering Limited. The company has also disclosed this information on its official website at www.isgec.com , ensuring transparency and accessibility for stakeholders.

The formal communication was dated January 27, 2026, and addressed to both major stock exchanges where the company's securities are listed. This advance notice provides adequate time for investors and market participants to prepare for the financial results announcement.

ISGEC Heavy Engineering Limited has received a penalty order from tax authorities over alleged wrongful availing of input tax credit, with a total financial impact of ₹31.91 lakh including interest. The company disclosed this development through a regulatory filing dated January 07, 2026, to the stock exchanges under Regulation 30 of SEBI Listing Regulations.

Tax Authority Action Details

The Assistant Commissioner (Central Tax Division) located at Jagadhri, District Yamunanagar, has taken action against the company regarding input tax credit matters. The order was received by ISGEC Heavy Engineering on January 07, 2026.

Nature of Alleged Violation

According to the penalty order, the tax department has alleged that ISGEC Heavy Engineering wrongly availed input tax credit on an invoice raised by a supplier. The specific details of the violation center around the improper claiming of input tax credit benefits under the Goods and Services Tax framework.

The company has characterized this as an allegation, indicating its disagreement with the tax authority's assessment of the input tax credit claim.

Company's Response Strategy

ISGEC Heavy Engineering has announced its intention to challenge the penalty order through the available legal remedies. The company stated it will file an appeal against this order under the provisions of the Goods and Services Tax Act.

This approach suggests the company believes it has valid grounds to contest the tax authority's findings regarding the input tax credit availing. The appeal process will allow ISGEC to present its case and supporting documentation to higher tax authorities.

Financial and Operational Impact

The total financial impact on the company amounts to ₹31.91 lakh, comprising the confirmed demand and penalty of ₹15.95 lakh each, along with applicable interest charges. While this represents a significant amount, the company has not indicated any immediate operational disruptions resulting from this penalty order.

The disclosure has been made available on the company's website at www.isgec.com , ensuring transparency with stakeholders regarding this regulatory development.