Isgec Heavy Engineering Extends Bioeq Energy Holdings Sale Deadline to September 2025 Jul 15, 2025
Isgec Heavy Engineering has extended the deadline for selling its step-down subsidiary, Bioeq Energy Holdings One, to September 15, 2025. The two-month extension is due to procedural delays on the buyer's side, including challenges in obtaining approvals and securing funds. The sale, initially agreed on December 9, 2024, involves Isgec's entire shareholding in Bioeq Energy Holdings One and its subsidiaries. The transaction, valued at approximately USD 31 million, will result in seven entities ceasing to be step-down subsidiaries or associates of Isgec. The company has committed to providing further updates as the situation progresses.
ISGEC Heavy Engineering Resumes Operations at Uttar Pradesh Factory Following NGT Approval Jun 02, 2025
ISGEC Heavy Engineering Reports 16.5% Surge in Q4 Net Profit, Revenue Dips May 29, 2025
Nippon India Mutual Fund Boosts Stake in ISGEC Heavy Engineering Amid Mixed Stock Performance Feb 27, 2025
Isgec Heavy Engineering: Nippon India Small Cap Fund Acquires 1.13% Stake Amid Q3 Profit Decline Feb 20, 2025