ISGEC Heavy Engineering Limited — Capital/Financing Update 2021

Sep 14, 2021

==> picture [452 x 77] intentionally omitted <==

Ho-425-S

Dated: 14.09.2021

To, To, Bombay Stock Exchange Ltd. National Stock Exchange of India Limited Registered Office: Floor 25, Exchange Plaza, C-1, Block G, P J Towers, Dalal Street, Bandra Kurla Complex, Bandra (E) Mumbai 400 001 Mumbai – 400 051 Company Scrip Code: 533033 Company Scrip Code: ISGEC EQ

Dear Sir(s)/Madam(s),

Furnishing of Information as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Sub: Press Release- Isgec Bags order for Medical Oxygen Plants from Defence Research & Development Organisation (DRDO)

1. Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is advance information that enclosed press release on the captioned subject is being issued by the Company.

2. This intimation is also available on the website of the Company at www.isgec.com

3. The above is for your information and records, please.

Thanking you,

Yours faithfully, For Isgec Heavy Engineering Limited SUDERSHA Digitally signed by SUDERSHAN N KUMAR KUMAR KHORANA KHORANA Date: 2021.09.14 15:16:13 +05'30' (S.K. Khorana) Executive Director & Company Secretary Contact Number: 9810188045

Encl: as above

==> picture [450 x 8] intentionally omitted <==

==> picture [452 x 66] intentionally omitted <==

PRESS RELEASE

FOR IMMEDIATE RELEASE:

For Additional Information contact: Name: Mr. Ravi Wadhawan Designation: Head – Sales & Marketing, Boiler Manufacturing & Piping Isgec Heavy Engineering Ltd., India Email: ravi.wadhawan@isgec.com

ISGEC BAGS ORDER FOR MEDICAL OXYGEN PLANTS FROM DRDO

September 14, 2021 - Noida: Isgec is proud to have received an order for 25 Medical Oxygen Plants from the Defence Research & Development Organisation (DRDO), Ministry of Defence, Govt. of India. The scope of work includes Manufacturing, Supplying, Installing, and Commissioning.

These Plants have a capacity of 250 LPM (litre per minute) each and Oxygen Concentration of 93 +/- 3%. The design for these Oxygen Plants has been developed by DRDO on the Pressure Swing Adsorption (PSA) principle.

This is the first order Isgec has received for Medical Oxygen Plants from DRDO. The project aims to augment the medical oxygen infrastructure in India in order for the nation to be in a stronger position to fight the on-going COVID-19 pandemic.

About Isgec Heavy Engineering Ltd.

Isgec Heavy Engineering Ltd. is a diversified heavy engineering company engaged in manufacturing and project businesses with an extensive global presence. In operation for the past 88 years, it provides state-of-the-art, sustainable engineering solutions, with customers & projects spread across 91 countries. Isgec manufactures Process Equipment, Presses, Iron & Steel Castings, and Boiler Pressure Parts. Isgec’s EPC portfolio includes turnkey projects for setting up Boilers, Power Plants, Sugar Plants, Distilleries, Air Pollution Control Equipment, Factories, Industrial Water Treatment Facilities, and Bulk Material Handling Facilities. They have also developed strengths in Construction and address the requirements of a wide spectrum of industries namely power, fertilizer, sugar, oil & gas, petrochemicals, steel, cement, chemicals, railways, mines, and ports.

The company has a number of joint ventures as well as strategic technology partnerships with leading global firms. Isgec ranks 220 in the Fortune India 500 listing, and 236 in the ET 500 listing.

http://www.isgec.com/

Digitally signed SUDERSHA by SUDERSHAN N KUMAR KUMAR KHORANA KHORANA Date: 2021.09.14 15:16:37 +05'30'

==> picture [449 x 8] intentionally omitted <==