Kumar Agrawal acquires GPIL shares via transmission

1 min read     Updated on 27 Jun 2026, 05:23 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

Kumar Agrawal, a member of the promoter group of Godawari Power and Ispat Limited, acquired 150,000 equity shares via transmission from Late Mrs Madhu Agrawal on June 23, 2026. Following the acquisition, Agrawal's holding increased to 22,341,055 shares, representing 3.32% of the total paid-up capital. The total promoter group shareholding remains unchanged at 63.18%.

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Kumar Agrawal, a member of the promoter group of Godawari Power and Ispat Limited , acquired 150,000 equity shares via transmission on June 23, 2026. The shares were transmitted from Late Mrs Madhu Agrawal, increasing Agrawal's direct holding in the company. This disclosure was made in compliance with Regulation 29 (2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Following the transmission, Agrawal holds 22,341,055 equity shares carrying voting rights, which constitutes 3.32% of the company's total paid-up capital. Additionally, he holds 2,204,200 warrants. Assuming full conversion of warrants into equity shares of Re 1/- each, his total holding stands at 24,545,255 shares, representing 3.54% of the total diluted share capital.

The total paid-up equity share capital of Godawari Power and Ispat Limited remains at 673,097,430 equity shares of Re 1/- each. The total diluted share capital, accounting for the conversion of outstanding convertible securities, is 694,143,996 equity shares of Re 1/- each. The acquisition was executed off-market through the transmission process.

Shareholding Details

The table below outlines the changes in Kumar Agrawal's shareholding pre- and post-transmission:

Description Pre-Transmission Post-Transmission
Shares carrying voting rights 22,191,055 (3.30%) 22,341,055 (3.32%)
Convertible Warrants 2,204,200 2,204,200
Total (assuming full conversion) 24,395,255 (3.52%) 24,545,255 (3.54%)

Promoter Group Holding

The disclosure confirmed that there is no change in the total promoter group shareholding before and after the transmission. The aggregate promoter group holding remains at 425,255,795 equity shares, accounting for 63.18% of the total paid-up capital of 673,097,430 equity shares of Re 1/- each. Other members of the promoter group include Vinay Agrawal, Bajrang Lal Agrawal HUF, and Hira Infra Tek Limited, among others.

Historical Stock Returns for Godawari Power & Ispat

1 Day5 Days1 Month6 Months1 Year5 Years
-0.32%-2.46%-8.92%+5.11%+46.15%+295.88%

Does Kumar Agrawal plan to further increase his direct stake in Godawari Power and Ispat Limited in the near future?

What is the timeline for the conversion of the 2,204,200 warrants currently held by Agrawal?

How might this consolidation of ownership within the promoter group influence the company's future strategic decisions?

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Godawari Power features in 2025 Burgundy Private Hurun India 500 list

0 min read     Updated on 25 Jun 2026, 04:48 PM
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Reviewed by
Naman SScanX News Team
AI Summary

Godawari Power and Ispat Limited has been recognized in the 2025 Burgundy Private Hurun India 500 list, which ranks India's 500 most valuable companies. This achievement highlights the firm's commitment to innovation and value creation. The list, a collaboration between Axis Bank's Burgundy Private and Hurun India, benchmarks corporate success in the Indian economy.

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Godawari Power & Ispat Ltd has been included in the 2025 Burgundy Private Hurun India 500 list, a definitive ranking of India's 500 most valuable companies. This inclusion underscores the company's commitment to innovation and value creation within the Indian economy. The recognition places Godawari Power and Ispat Limited among an elite group of businesses shaping the country's growth narrative.

The 2025 Burgundy Private Hurun India 500 list is a collaboration between Axis Bank's Burgundy Private and Hurun India. It serves as a benchmark for corporate success, highlighting the top 500 most valuable companies in India. The company's presence on this list reflects its dedication to excellence in its industry.

Key Details of the Recognition

Aspect Description
List Name 2025 Burgundy Private Hurun India 500
Criteria India's 500 most valuable companies
Collaborators Axis Bank's Burgundy Private and Hurun India

The disclosure was made to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015. The company attributed this achievement to the efforts of its dedicated team, valued clients, and stakeholders.

Historical Stock Returns for Godawari Power & Ispat

1 Day5 Days1 Month6 Months1 Year5 Years
-0.32%-2.46%-8.92%+5.11%+46.15%+295.88%

How will this recognition influence Godawari Power & Ispat's ability to attract institutional investors?

What strategic growth initiatives is the company planning to leverage its increased valuation?

Could this inclusion lead to a re-rating of the stock by analysts in the near term?

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1 Year Returns:+46.15%