Godawari Power & Ispat Ltd management will participate in the GIA Flagship Conference 2026 scheduled to be held in Mumbai on June 23, 2026. The meeting provides a platform for engagement with investors and analysts, though no unpublished price sensitive information will be shared during the proceedings.

Conference Details

The event is scheduled for Tuesday, June 23, 2026, from 9:00 AM to 6:00 PM. The interaction will take place in a physical format, allowing for both one-on-one and group meetings. The company noted that changes to the schedule may occur due to exigencies on the part of the company or the attending participants.

The disclosure was made to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information is also available on the company's official website.

Godawari Power & Ispat Limited has increased its investment in its wholly-owned subsidiary, Godawari New Energy Private Limited (GNEPL), by ₹100 crore to fund the establishment of a 20 GWh Battery Energy Storage System (BESS) plant. The subsidiary allotted 10,00,00,000 equity shares of ₹10 each at par to Godawari Power & Ispat Limited on June 4, 2026, bringing the parent company's total holding to 45,00,00,000 shares. This transaction, executed on a rights basis, raises the aggregate investment in GNEPL to ₹450 crore, representing 100% of the subsidiary's paid-up capital.

GNEPL, incorporated on June 25, 2025, is currently in the process of setting up the BESS project in Maharashtra, with its registered office in Raipur, Chhattisgarh. The company has not yet commenced commercial operations. As of March 31, 2026, GNEPL reported a net worth of ₹298.01 Crores and nil turnover. The fresh infusion of capital will be utilized to meet the capital expenditure and working capital requirements for the first phase of the energy storage project.

The investment was classified as a related party transaction since GNEPL is a wholly-owned subsidiary of Godawari Power & Ispat Limited. The disclosure was made to the stock exchanges under Regulation 30 of the SEBI Listing Regulations. No specific governmental or regulatory approvals were required for this acquisition of shares, which was settled via cash consideration.

Investment Details in GNEPL