Isgec Heavy Engineering Limited has moved to shore up leadership by reappointing four senior directors through a postal ballot. The shareholders approved the reappointment of Aditya Puri as Managing Director, Kishore Chatnani as Joint Managing Director, Sanjay Gulati as Joint Managing Director, and Arvind Sagar as Non-Executive Independent Director for a second term. The resolutions were deemed passed on 27 March 2026, in line with the remote-e-voting window.
The moves reflect Isgec’s emphasis on continuity as it pursues its longer-term strategy for manufacturing and exports.
Aditya Puri will continue as Managing Director for a five-year term from May 1, 2026, to April 30, 2031. Kishore Chatnani’s re-appointment as Joint Managing Director covers June 28, 2026 to June 27, 2031; Sanjay Gulati’s term mirrors that period; Arvind Sagar will serve a second consecutive five-year term as Non-Executive Independent Director from June 28, 2026 to June 27, 2031. The company reported overwhelming shareholder support for these resolutions, with votes cast in favour ranging from about 92% to nearly 100%.
This leadership refresh, while maintaining an experienced core, signals Isgec’s intent to push ahead with its strategy, leveraging decades of governance and operational know-how across its executive and boardrooms.