Isgec Heavy Engineering Limited has informed the Exchange about Re-Designation of Mr. Kishore Chatnani, Whole-time Director and Chief Financial Officer as a Joint Managing Director of the Company with effect from October 01, 2025, for the remaining duration of his existing term, i.e., up to June 27, 2026. He will continue to discharge his duties and function as Chief Financial Officer alongside his role as Joint Managing Director

Isgec Heavy Engineering's board approved a wide-ranging set of changes at its July 8, 2025 meeting. Two new Independent Directors — Mr. Rajiv Roy Chaudhury and Mr. Vivek Dhir — were appointed for 5-year terms, subject to shareholder approval. Two existing Whole-time Directors, Mr. Kishore Chatnani (also CFO) and Mr. Sanjay Gulati (also Head-Manufacturing Units), were re-designated as Joint Managing Directors effective October 1, 2025, for the remainder of their terms ending June 27, 2026, while retaining their existing functional roles. Mr. Sachin Saluja stepped down as Compliance Officer (he continues as Company Secretary), and Mr. Kalyan Ghosh was appointed as the new Compliance Officer. Additionally, the board approved a Rs. 53.50 crore initial capital investment to set up a new mechanical press manufacturing factory in Bhartoli, Kurukshetra, Haryana, expanding capacity beyond the existing Yamunanagar facility.