Intimation for revision in Policy for Determination of Materiality of Events

ISGEC ISGEC HEAVY ENGINEERING LTD. � A-4. Sector-24, Noida • 201 301 (U.P.) India (GST No.: 09AAACT5540K2Z4) Date: November 04, 2026 Tel. . +91-120-4085000/01 /02 Fax: +91-120-2412250 E-mail.· corpcomm@isgec.com To To www.isgec.com BSE Limited, National Stock Exchange of India Limited P J Towers, Dalal Street, Exchange Plaza, C-1, Block G, Mumbai -400 001 Sandra Kurla Complex, Sandra (E) Mumbai -.400 051 Company Scrip Code: 533033 Company Symbol: ISGEC furnishing of Information in terms of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations,2 015 ("Listing Regulations") Dear Sir(s)/Madam(s), Subject: Outcome of the Board Meeting 1. This is in continuation to our earlier intimation dated October 15, 2026, informing about the date of convening of the Board Meeting on Wednesday, November 04, 2026, at 11:00 a.m., at A-4, Sector -24, Noida-201301, Uttar Pradesh, India. 2. The Board Meeting commenced at 11:00 a.m. 3. Financial Results:- Pursuant to the Regulation 30, 33, and any other applicable Regulation(s) of the Listing Regulations, the Board of Directors of the Company at its meeting held today, i.e., November 04, 2026, has inter-alia considered and approved the following: i. Unaudited Standalone Financial Results for the quarter and half year ended on September 30, 2026, along with Limited Review Report of the Statutory Auditors thereon, enclosed as Annexure-1; and ii. Unaudited Consolidated Financial Results for the quarter and half year ended on September 30, 2026, along with Limited Review Report of the Statutory Auditors thereon, enclosed as Annexure-11; 4. Revjsjon in Policy for Determination of Materiality ofEvents:- Further, the Board of Directors has approved the revision in the Policy for Determination of Materiality of Events or Information in terms of Regulation 30(5) of Listing Regulation, enclosed as Annexure-111. 5. The Board Meeting was concluded at p.m. 6. This intimation is being disclosed on t0h3e: 1w0e bsite of the Company at www.isgec.com 7. The above is for your information and record please. Thanking you, Yours truly, For lsgec Heavy Engineering Limited Fo I eavy Engineering Limited ~-0,-- Kalyan Ghosh Kaly / Compliance Officer Compliance Officer Membership No. A10790 Membership No. A1079 Address: A-4, Sector-24, Noida-201301, Address: A-4, Sector-24 Uttar Pradesh Uttar Prat_5h Encl: As Above Regd. Office: Radaur Road, Yamunanagar 135 001 (Haryana) India 1 CIN: L23423HR1933PLC000097 Annexure-I SCV & Co~ LLP B-41, Panchsheel Enclave, New Del hi-110017 T: +91-11-41749444 CHARTERED ACCOUNTANTS E: delhi@scvindia.com • W: www.scvindia.com Independent Auditor's Review Report on the Statement of Unaudited Standalone Financial Results for the Quarter and Half year ended 30th September 2026 oflsgec Heavy Engineering Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The Board of Directors Isgec Heavy Engineering Limited 1. We have reviewed the accompanying statement of Unaudited Standalone Financial Results of Isgec Heavy Engineering Limited ("the Company"), for the quarter and half year ended 30th September 2026 ("the Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). 2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, as amended ("the Act") and read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with standards on auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identifiecUn an imdit. Accordingly, we do not express an audit opinion. t-Joida Office: 505, 5th Floor Tower B, World Trade Tower, C-1, Sector 16, Naida -201301 T: +91-120-4814400 Other Offices : Ludhiana • Mumbai • Bengaluru 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement of Unaudited Standalone Financial Results, prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. For SCV & CO. LLP Chartered Accountants FRN:000235N/N500089 PLACE: Noida (Vidor Puri) DATE: 4th November 2026 Partner Membership No. 090163 UDIN No. 26090163QLTLPT8116 ISGEC HEAVY ENGINEERING LIMITED REGD. OFFICE: RADAUR ROAD, YAMUNANAGAR -135 001 (HARYANA), CIN: L23423HR1933PLC000097 Tel: +91-120-4085405, Email: cfo@isgec.com, Website: www.isgec.com STATEMENT OF STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED 30.09.2026 A. Statement of Standalone Financial Results (" in lakhs except earnings per share) SI. Particulars Quarter ended Six months ended Year ended No. 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 (Unaudited) _( Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) I Revenue from operations 145,658 155,304 124,313 300,962 222,693 522,863 II Other Income 6,425 3,228 4,963 9,653 11,074 23,003 Ill Total Income (1+11) 152,083 158,532 129,276 310,615 233,767 545,866 IV Expenses: (a) Cost of materials consumed 32,491 31,602 26,868 64,093 47,945 116,231 (b) Cost of projects including boughtouts 48,745 57,327 42,524 106,072 77,221 182,241 (c) Erection & commissioning expenses 18,417 16,134 16,392 34,551 30,047 66,093 / (d) Change in inventories of finished goods and work-in-progress (increase)/decrease (3,504) 474 (3,596) (3,030) I (9,616) (13,001) (e) Employee benefits expense 15,925 13,621 12,935 29,546 24,058 50,075 (f) Finance costs 1,411 1,551 1,310 2,962 2,061 5,026 (g) Depreciation and amortisation expense 1,939 1,828 1,811 3,767 3,552 7,390 (h) Other expenses 21,228 23,709 19,890 44,937 36,166 84,917 Totalexpenses(IV) 136,652 146,246 118,134 282,898 211,434 498,972 V Profit before exceptional items and tax (Ill-IV) 15,431 12,286 11,142 27,717 22,333 46,894 VI Exceptional items (Refer note 3) - . . . - (1,403) VII Profit before tax (V+vl) 15,431 12,286 11,142 27,717 22,333 45,491 VIII Tax expense a) Current Tax 4,011 2,963 3,275 6,974 6,099 13,566 b) Deferred Tax (394) 121 (570) (273) (862) (2,750) IX Profit for the period/ year (VII-VIII) 11,814 9,202 8,437 21,016 17,096 34,675 X Other Comprehensive Income (i) Items that will not be reclassified to profit or lo [Showing first 8,000 characters — download PDF for full document]