Godawari Power secures 31-acre land for CRM project in Maharashtra
- Godawari Power & Ispat received an offer letter for 31.45 acres of industrial land in Maharashtra
- The land is allotted by MITL for setting up a Cold Rolling Mill (CRM) project
- Plot No. 4-3, Sector No. 25 at AURIC Bidkin Industrial Area covers 127,285.98 square metres
*this image is generated using AI for illustrative purposes only.
Godawari Power & Ispat Limited has received an offer letter for the allotment of 31.45 acres of industrial land in Maharashtra to establish a Cold Rolling Mill (CRM) project.
The allotment was offered by Maharashtra Industrial Township Limited (MITL) via a letter dated September 22, 2026, which the company received on September 24, 2026. The land is located at Plot No. 4-3, Sector No. 25, within the AURIC Bidkin Industrial Area in District Chhatrapati Sambhaji Nagar.
Land Allotment Details
The specific plot admeasures 127,285.98 square metres, equivalent to approximately 31.45 acres. This allocation is designated specifically for the setting up of the company's CRM project, signaling a commitment to expanding downstream processing capabilities.
| Detail | Information |
|---|---|
| Allotment Authority | Maharashtra Industrial Township Limited (MITL) |
| Location | AURIC Bidkin Industrial Area, Chhatrapati Sambhaji Nagar |
| Plot Number | 4-3, Sector No. 25 |
| Total Area | 127,285.98 sq m (approx. 31.45 acres) |
| Purpose | Setting up of CRM Project |
Regulatory Compliance
The intimation was made pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the information has also been made available on its official website for public access.
Historical Stock Returns for Godawari Power & Ispat
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.75% | -2.89% | -5.61% | -12.11% | -13.05% | +292.24% |
What is the estimated capital expenditure and timeline for commissioning the Cold Rolling Mill at the AURIC Bidkin site?
How will this downstream expansion impact Godawari Power & Ispat's cost structure and profit margins compared to its current merchant iron and steel operations?
Are there specific government incentives or tax benefits associated with the AURIC industrial area that could accelerate the project's return on investment?
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