Godawari Power & Ispat to Consider Fund Raising via Preferential Issue in Upcoming Board Meeting

1 min read     Updated on 15 Sept 2025, 05:44 PM
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Reviewed by
Radhika SahaniScanX News Team
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Overview

Godawari Power & ISPAT Limited has scheduled a board meeting for September 18, 2025, to discuss potential fund raising through preferential issue of securities, equity shares, or warrants. The meeting will also determine the issue price and seek necessary approvals. The company has closed the trading window for designated persons from September 16, 2025, until 48 hours after the meeting outcome announcement. Additionally, a plant visit and investor meeting with Inved Research is planned for the same day at the company's Raipur plant.

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*this image is generated using AI for illustrative purposes only.

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.

Historical Stock Returns for Godawari Power & ISPAT

1 Day5 Days1 Month6 Months1 Year5 Years
+10.68%+12.61%+33.00%+54.57%+43.09%+1,666.71%
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Godawari Power and Ispat Shares Surge 10% to All-Time High Despite Weak Q1 Results

1 min read     Updated on 15 Sept 2025, 03:42 PM
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Reviewed by
Jubin VergheseScanX News Team
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Overview

Godawari Power & ISPAT shares surged over 10% to an all-time high of ₹275 on Monday, closing at ₹269.7, despite weak Q1 results. The stock saw its highest trading volume since June 2023 at 4.5 crore shares. Q1 net profit declined 24.40% YoY to ₹216.00 crore, while revenue fell 2.00% to ₹1,345.00 crore. EBITDA dropped 20.80% to ₹346.00 crore, with margins contracting by 6.10 percentage points. The company has achieved 25% of its production guidance for rolled products and 30% for ferro alloys. Investor interest remains high, with Inved Research representatives scheduled to visit the company's plant in Raipur, Chhattisgarh.

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*this image is generated using AI for illustrative purposes only.

Godawari Power & ISPAT shares witnessed a remarkable surge on Monday, defying weak quarterly results and showcasing strong investor confidence in the company's long-term prospects.

Stock Performance

  • GPIL shares soared over 10% to reach an all-time high of ₹275 before closing at ₹269.7.
  • This marked the stock's most significant single-day gain in recent times.
  • Trading volumes hit 4.5 crore shares, the highest since June 2023 and substantially above the 20-day average of 44 lakh shares.
  • The stock has risen 33% year-to-date and has consistently delivered positive annual returns since 2019.

Q1 Financial Results

Despite the stock's stellar performance, GPIL's Q1 results painted a different picture:

Metric Q1 Value YoY Change
Net Profit ₹216.00 crore -24.40%
Revenue ₹1,345.00 crore -2.00%
EBITDA ₹346.00 crore -20.80%
EBITDA Margin 25.70% -6.10 percentage points

Production Guidance Progress

By the end of the June quarter, GPIL had achieved:

  • 25% of its production guidance for rolled products
  • 30% of its production guidance for ferro alloys

Investor Interest

The company's recent LODR (Listing Obligations and Disclosure Requirements) filing indicates growing investor interest. Godawari Power & ISPAT announced that representatives from Inved Research will be visiting the company's plant in Siltara Industrial Area, Raipur, Chhattisgarh. The management will participate in a one-to-one meeting with the visitors, highlighting the company's commitment to transparency and engagement with the investment community.

Market Outlook

The stark contrast between GPIL's stock performance and its quarterly results suggests that investors may be looking beyond short-term fluctuations. The company's progress towards its production targets and the upcoming investor visit could be factors contributing to the positive market sentiment.

As Godawari Power & ISPAT navigates through challenging market conditions, the company's ability to maintain investor confidence while working towards its long-term goals will be crucial. The upcoming plant visit by Inved Research may provide further insights into the company's operations and future prospects, potentially influencing investor perceptions in the coming weeks.

Historical Stock Returns for Godawari Power & ISPAT

1 Day5 Days1 Month6 Months1 Year5 Years
+10.68%+12.61%+33.00%+54.57%+43.09%+1,666.71%
Godawari Power & ISPAT
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