Godawari Power & Ispat Limited has announced that its Board of Directors will convene a meeting on Friday, May 15, 2026. The meeting has been scheduled pursuant to Regulation 29 and other applicable provisions of the SEBI (LODR) Regulations, 2015. The company has communicated this development to both the National Stock Exchange of India Limited and BSE Limited through an official notice dated May 1, 2026.

Agenda for the Board Meeting

The board meeting will primarily focus on two key agenda items. First, the directors will consider and approve the Audited Standalone and Consolidated Financial Results of the company for the quarter and financial year ended March 31, 2026. Second, they will also consider and approve the Audited Standalone and Consolidated Financial Statements of the company for the financial year ended March 31, 2026.

Dividend Recommendation

In addition to the financial results, the board is scheduled to discuss and recommend the final dividend on equity shares of the company for the financial year ended March 31, 2026. This recommendation will be subject to approval by the shareholders in the upcoming annual general meeting.

Company Details

Godawari Power & Ispat Limited is an ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, 50001:2018 & 27001:2022 certified company. The notice was signed by Y.C. Rao, Company Secretary, on behalf of the company.

Godawari Power & Ispat Limited has announced a significant development in its renewable energy expansion through its wholly owned subsidiary. Godawari New Energy Private Limited (GNEPL) has entered into a strategic supply agreement with Shanghai Shenyi Roche Energy Technology Limited, a Chinese company specializing in battery energy storage systems.

Agreement Details

The supply agreement covers the provision of balance of system components for a 5 MWh DC Block on CKD (Completely Knocked Down) basis. This agreement forms a crucial part of GNEPL's ambitious first phase of a 20 GWh Battery Energy Storage System plant located at Sambhajinagar, Maharashtra.

Strategic Partnership Benefits

The supply agreement with Roche Energy provides several strategic advantages for GNEPL's operations. The partnership ensures a stable, reliable, and cost-effective supply chain while maintaining consistent quality standards for the battery energy storage system components. Commercial terms have been mutually agreed upon by both GNEPL and Roche Energy.

Partner Capabilities

Shanghai Shenyi Roche Energy Technology Limited brings extensive expertise to this partnership. The company is engaged in comprehensive BESS operations including product design, manufacturing, material supply, and technology support for entire balance of system components excluding LFP cells. Roche Energy specializes in designing and constructing energy storage stations for source, grid, and user applications.

The Chinese partner excels in providing integrated solutions for various energy storage systems and demonstrates proficiency in managing the complete lifecycle of energy storage products from initial design through production phases.

Manufacturing Milestone

Godawari Power & Ispat Limited views this supply agreement as a major milestone toward manufacturing Battery Energy Storage Systems. The partnership positions GNEPL to advance its renewable energy capabilities and establish a strong foundation in the growing energy storage market. The agreement supports the company's strategic expansion into clean energy solutions through its subsidiary operations.