Heavy Engineering Limited has informed the Exchange about Acquisition

Isgec Heavy Engineering Limited has informed the Exchange about Acquisition. P J Towers, Dalal Street,. acquisition of shares is for the purposes of meeting the Company's green energy needs, and optimizing.

An acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.

• Consideration and how it is funded
• Revenue and profit of the target
• Expected completion date
• For the full year, we do expect an increase in revenue and profits in the range of about 7% to 8%. (management committed by FY26)
• we should be closer to 5.5% for FY27. (management committed by FY27)