Godawari Power & ISPAT , a prominent player in the power and steel sector, has taken a significant step towards bolstering its financial position. The company's Board of Directors has approved the issuance of warrants worth up to Rs 500 crore, marking a substantial capital raising initiative.

Key Details of the Warrant Issuance

• Number of Warrants: Up to 2,04,08,220
• Price per Warrant: Rs 245.00
• Total Value: Rs 500,00,13,900.00 (approximately Rs 500 crore)
• Conversion Ratio: Each warrant is convertible into 1 fully paid-up equity share
• Face Value of Resulting Shares: Re 1.00 per share
• Premium on Conversion: Rs 244.00 per share

Allotment and Conversion Terms

The warrants will be issued on a preferential basis to promoters, members of the promoter group, and identified non-promoters. This move is subject to necessary approvals from shareholders and regulatory authorities.

Key points regarding the allotment and conversion:

• Warrants can be converted into equity shares within 18 months from the date of allotment
• Conversion can be exercised in one or more tranches
• Unconverted warrants will lapse after the 18-month period, with the paid amount forfeited

Impact on Shareholding

Assuming full conversion of the warrants, the company's shareholding structure is expected to change as follows:

Corporate Actions and Investor Relations

In addition to the warrant issuance, Godawari Power & ISPAT has scheduled several corporate events:

1. An Extraordinary General Meeting (EGM) on October 15, 2025, at 11:30 AM through video conferencing to seek shareholder approval for the preferential issue.

2. Participation in a virtual group meeting with clients of Kotak Securities Limited on September 23, 2025.

3. Attendance at the Arihant Conference Bharat Connect - Rising Stars virtual investors conference on September 22, 2025.

These events underscore the company's commitment to transparent communication with its investors and stakeholders.

The warrant issuance represents a strategic move by Godawari Power & ISPAT to raise capital, potentially for expansion, debt reduction, or other corporate purposes. As the company moves forward with this significant financial decision, investors and market watchers will be keen to observe how the funds are utilized to drive growth and enhance shareholder value.

Godawari Power & ISPAT Limited, a prominent player in the power and steel sector, has announced a crucial board meeting scheduled for September 18, 2025. The meeting will focus on exploring options for raising funds through a preferential issue of securities, equity shares, or warrants.

Board Meeting Details

The company's Board of Directors will convene on Thursday, September 18, 2025, to deliberate on the proposal for fund raising. The meeting agenda includes:

• Considering the issuance of securities, equity shares, or warrants through a preferential allotment
• Determining the issue price for the proposed securities
• Seeking necessary regulatory and statutory approvals for the fund-raising initiative

Trading Window Closure

In line with regulatory requirements, Godawari Power & Ispat has announced the closure of the trading window for designated persons. The trading window will remain closed from September 16, 2025, until 48 hours after the announcement of the board meeting outcome. This measure is implemented to ensure fair trading practices and prevent insider trading.

Investor Meeting

On the same day as the board meeting (September 18, 2025), the company has scheduled a plant visit and meeting with Inved Research. This one-to-one physical meeting is set to take place from 10:00 AM to 5:00 PM at the company's plant in Siltara Industrial Area, Raipur, Chhattisgarh.

Company Background

Godawari Power & Ispat Limited is an ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified company. It operates in the industrial area of Siltara, Raipur, Chhattisgarh, focusing on power generation and steel production.

The announcement of this board meeting and potential fund-raising initiative comes at a time when many companies in the power and steel sectors are looking to capitalize on market opportunities and strengthen their financial positions. Investors and market analysts will be keenly watching the outcome of this meeting, as it could have significant implications for the company's future growth strategies and financial structure.

The company has emphasized that no unpublished price-sensitive information will be shared during any investor interactions, maintaining transparency and compliance with regulatory norms.

Shareholders and potential investors are advised to await the official announcement following the board meeting for detailed information on the fund-raising proposal and its potential impact on the company's financial outlook.