Isgec Heavy Engineering sells 25% stake in boiler JV to Sumitomo SHI FW

Isgec Heavy Engineering Limited agreed to sell a 25% stake in its joint venture Isgec SFW Boilers Private Limited to partner Sumitomo SHI FW Energia OY for Rs. 4 crore. The transaction is expected to complete by June 30, 2026.

“Isgec Heavy Engineering Limited has entered into an agreement to sell a 25 per cent stake in its joint venture company, Isgec SFW Boilers Private Limited, to its joint venture partner Sumitomo SHI FW Energia OY for a consideration of Rs 4 crore.”chinimandi.com

• 1 source
• chinimandi.comIsgec Heavy Engineering sells 25% stake in boiler joint venture to Sumitomo for Rs 4 crore - ChiniMandiVivek WaghmodeMay 9, 2026

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