Isgec Heavy Engineering Limited has informed the Exchange about change in Management - Appointment of Mr. Subrata Roy as Chief Executive APCE & Utility Boiler and Senior Management Personnel with effect from July 08, 2025

Isgec Heavy Engineering's board, at its July 8, 2025 meeting, approved multiple leadership changes. Two new Independent Directors — Mr. Rajiv Roy Chaudhury and Mr. Vivek Dhir — were appointed for 5-year terms. Two existing Whole-time Directors, Mr. Kishore Chatnani (CFO) and Mr. Sanjay Gulati (Head-Manufacturing), were re-designated as Joint Managing Directors effective October 1, 2025, while retaining their existing functional roles. Mr. Kalyan Ghosh was appointed as the new Compliance Officer, replacing Mr. Sachin Saluja who stepped down from that role but continues as Company Secretary. Two new senior management personnel were also appointed, including Mr. Subrata Roy as Chief Executive of the APCE & Utility Boiler division. Additionally, the board approved an initial capital investment of Rs. 53.50 crores to set up a new mechanical press manufacturing factory in Kurukshetra, Haryana, and constituted a Committee of Directors to evaluate organic and inorganic growth opportunities.