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. 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%.

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?































