Godawari Power & Ispat Limited has announced a virtual one-to-one analyst meeting with Systematix Group, scheduled for March 24, 2026. The company has formally communicated this development to both BSE Limited and National Stock Exchange of India Limited in compliance with regulatory requirements.

Meeting Details

The virtual analyst interaction has been scheduled with specific parameters to ensure proper disclosure and transparency.

Regulatory Compliance

The company has issued this intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The communication, dated March 20, 2026, was sent to both major stock exchanges where the company's shares are listed. Godawari Power & Ispat Limited trades on BSE with scrip code 532734 and on NSE with symbol GPIL.

Key Disclosures

The company has made several important disclosures regarding the upcoming meeting. Management has confirmed that no unpublished price sensitive information will be shared during the analyst interaction. Additionally, the company has noted that changes may occur due to exigencies on the part of the organizer, analyst, institutional investors, fund house, investors, brokers, or the company itself.

Information Accessibility

The meeting information has been made publicly available through the company's official website at www.godawaripowerispat.com . This ensures transparency and equal access to information for all stakeholders. The formal communication was signed by Y.C. Rao, Company Secretary, and digitally authenticated on March 20, 2026.

Godawari Power & Ispat Limited operates as an ISO certified company with multiple certifications including ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, 50001:2018, and 27001:2022. The company maintains its registered office and works at Siltara, Raipur, Chhattisgarh, with corporate address at Pandri, Raipur.

Godawari Power and Ispat Limited has announced the conversion of preference shares worth ₹198.90 crores into equity shares in its wholly owned subsidiary Godawari New Energy Private Limited (GNEPL). The conversion was completed on 18.03.2026, representing a strategic restructuring of the company's investment in the energy storage sector.

Share Conversion Details

The conversion involved two series of Non-Cumulative Participating Optionally Convertible Redeemable Preference Shares being transformed into equity shares at par value. The transaction increased GPIL's equity shareholding in GNEPL significantly while maintaining complete ownership control.

The preference shares were originally allotted on 18.11.2025 and 16.12.2025 respectively, with the conversion executed according to the predetermined terms and conditions of the preference share issuance.

Investment Structure Changes

Following the conversion, GPIL's equity investment structure in GNEPL has been substantially enhanced without requiring additional capital infusion. The company's shareholding increased from 10,11,00,000 equity shares to 30,00,00,000 equity shares, maintaining its 100% ownership stake in the subsidiary.

Subsidiary Business Focus

Godawari New Energy Private Limited, incorporated on 25.06.2025, operates in the energy sector with specific focus on Battery Energy Storage System (BESS) technology. The subsidiary is currently developing a 20 GWh Battery Energy Storage System plant as its first phase project.

Key Business Parameters:

• Industry Sector: Energy - Battery Energy Storage System
• Registered Office: Raipur, Chhattisgarh
• Operations Location: Maharashtra
• Net Worth (as on 31.12.2025): ₹101.10 crores
• Current Turnover: Nil (development stage)

Regulatory Compliance

The transaction has been disclosed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. As a related party transaction involving a wholly owned subsidiary, the conversion was executed at arm's length pricing without requiring additional governmental or regulatory approvals.

The conversion represents a non-cash consideration transaction, with the cost of the original preference share investment serving as the acquisition cost for the new equity shares. This strategic restructuring positions GPIL for enhanced participation in India's growing energy storage market through its subsidiary's planned battery energy storage system operations.