News

Godawari Power & Ispat has further invested Rs 100 crore in wholly owned subsidiary, Godawari New Energy against allotment of 10 crore equity shares of Rs 10 each at par on rights basis. Consequent to the allotment, the company`s investment in Godawari New Energy has increased to Rs 450 crore comprising of 45 crore equity shares of Rs 10 each.

Godawari Power & Ispat has allotted 3,71,520 equity shares under ESOP on 30 May 2026. With this allotment, the paid up equity share capital has increased from Rs. 67,27,25,910/-to Rs. 67,30,97,430/-.

Godawari Power & Ispat has received affirmation in credit rating at CRISIL AA-/ CRISIL A1+ for bank facilities. The outlook on long term rating has been revised from Positive to Stable.

Godawari Power & Ispat announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 27 June 2026.

Godawari Power & Ispat announced that the Board of Directors of the Company at its meeting held on 19 May 2026, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 100%) , subject to the approval of the shareholders.