Kumar Agrawal acquires GPIL shares via transmission
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. This acquisition increased his direct holding to 3.32% of the total paid-up capital, while the aggregate promoter group holding remained 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 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which provides an exemption for acquisitions by way of transmission, succession, or inheritance under Regulation 10(1)(g).
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. 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 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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.59% | -2.88% | -11.65% | +0.76% | +26.88% | +209.86% |
Will Kumar Agrawal look to further increase his direct stake in the company through open market purchases?
Does this change in direct ownership signal a potential shift in the promoter group's succession planning or governance structure?
How might the conversion of the 2.2 million convertible warrants impact Agrawal's voting power and influence on future board decisions?


































