ISGEC Heavy Engineering Limited — Capital/Financing Update 2021

Jul 28, 2021

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Ho-425-S

Dated: 28.07.2021

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 Hitachi Zosen Limited, Subsidiary and Joint Venture Company Bags Breakthrough Order for a PTA Reactor

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 Date: 2021.07.28 KHORANA 16:51:11 +05'30'

(S.K. Khorana) Executive Director & Company Secretary Contact Number: 9810188045

Encl: as above

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PRESS RELEASE FOR IMMEDIATE RELEASE:

For Additional Information contact: Name: Mr. Yogesh Gupta

Designation: Associate Vice President, Business Development & Sales - Process Equipment Email: yogesh.gupta@isgec.com

Isgec Hitachi Zosen Limited Bags Breakthrough Order for a PTA Reactor

28[th] July 2021, Noida: Isgec Hitachi Zosen Limited received a major order for a PTA Reactor for a Public Sector Petrochemical Project of national importance from Technip Energies, Noida. The scope of work includes Mechanical Design, Material Procurement, Fabrication/Testing, and Supply of Equipment.

The Reactor is for INEOS (formerly BP) designed PTA Plant. This is the first approval for Isgec Hitachi Zosen Ltd., India (a joint venture of Isgec Heavy Engineering Ltd. India and Hitachi Zosen Corporation, Japan) with INEOS and the first order for an INEOS (formerly BP) design.

About Isgec Hitachi Zosen Ltd.

Isgec Hitachi Zosen is a joint venture of lsgec Heavy Engineering Limited, India (Isgec) & Hitachi Zosen Corporation, Japan (HITZ) located at the port town of Dahej, Gujarat on the west coast of India. Isgec is a leading Indian company with diversified engineering-led businesses of Process Equipment, Hydraulic & Mechanical Presses, Boilers, Iron & Steel Castings, Turnkey Projects in Power, Infrastructure, Air Pollution Control, and Sugar. HITZ are one of the leading fabricators of Process Equipment with a global track record of fabricating Reactors, Pressure Vessels, Ammonia Converters, Converter Internals, Tall Columns & other critical equipment. The company is professionally managed with its board having equal representation from HITZ, as well as Isgec.

SUDERSHA Digitally signed by SUDERSHAN N KUMAR KUMAR KHORANA KHORANA Date: 2021.07.28 16:51:28 +05'30'

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