Godawari Power & Ispat Limited has published the notice regarding its Extraordinary General Meeting (EGM) scheduled for June 27, 2026, in English and Hindi newspapers on May 29, 2026. The meeting, to be held via video conferencing, seeks shareholder approval for a financial assistance of up to ₹150 crore to its subsidiary, Godawari Education and Research Foundation, for setting up a residential school in Raipur. Additionally, the EGM will address the revision of remuneration for three Whole-Time Directors, effective from July 01, 2026.

The Board of Directors approved the proposal to grant the unsecured loan to the subsidiary, requiring shareholder consent under Section 185 of the Companies Act, 2013. Mr. Siddharth Agrawal, a Director interested in this resolution, will not vote on the matter. Shareholders will also vote on revising the remuneration of Mr. Dinesh Agrawal, Mr. Siddharth Agrawal, and Mr. Abhishek Agrawal, with the proposed salary scale ranging from ₹4.80 crore to ₹8.40 crore per annum.

The revised remuneration for Mr. Dinesh Agrawal is effective from July 01, 2026, to August 10, 2027. Mr. Siddharth Agrawal's revision applies from July 01, 2026, to March 31, 2027, while Mr. Abhishek Agrawal's revision is effective from July 01, 2026, to November 08, 2026. All three directors are relatives of the Chairman cum Managing Director and promoter shareholders.

For the financial year ended March 31, 2026, the company reported a gross turnover and other income of ₹4905.45 crore and a net profit of ₹919.43 crore. The net worth stood at ₹5676.81 crore. Remote e-voting will be available from June 24, 2026, to June 26, 2026.

Financial Performance for FY26

Godawari Power And Ispat Limited has scheduled a series of physical one-to-one meetings with institutional investors in Mumbai on June 10, 2026. The management will engage with various analysts and fund houses between 9:00 AM and 5:30 PM to discuss business performance and strategy.

The company confirmed that no unpublished price sensitive information will be shared during these sessions. The disclosure was made to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The meetings are scheduled with the following institutional investors:

Godawari Power And Ispat noted that changes to the schedule may occur due to exigencies on the part of the organizers or the company. The information regarding these meetings has been hosted on the company's website.