Godawari Power And Ispat Ltd has announced a substantial investment commitment of ₹300.00 crores in its subsidiary Godawari New Energy Pvt Ltd for the development of a battery energy storage plant. The company has successfully completed the initial equity allotment as part of this strategic expansion into renewable energy storage solutions.

Investment Details

The investment structure demonstrates a phased approach to funding the battery energy storage project:

Strategic Expansion

The investment represents Godawari Power And Ispat's strategic move into the battery energy storage sector through its subsidiary Godawari New Energy Pvt Ltd. The completed allotment of 7,56,00,000 equity shares worth ₹75.60 crores indicates the initial funding phase has been executed successfully.

This development positions the company to participate in India's growing energy storage market, complementing the country's renewable energy expansion initiatives. The battery energy storage plant will enable the company to diversify its energy portfolio beyond traditional power generation.

Corporate Structure

The investment flows through Godawari New Energy Pvt Ltd, which serves as the dedicated subsidiary for this renewable energy storage venture. This corporate structure allows for focused management of the battery energy storage operations while maintaining clear organizational separation from the parent company's existing business segments.

Godawari Power & Ispat Limited participated in the Go India Top Ideas for 2026 Conference held on January 08, 2026, in Mumbai. The company disclosed its participation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Conference Participation Details

The steel sector company conducted in-person meetings with various analysts, institutional investors, and funds during the conference. The sessions provided an opportunity for direct engagement between the company's management and the investment community.

Discussion Topics and Compliance

During the interactions, participants were briefed on several key areas of the company's operations and performance. The discussions covered general business overview, providing insights into the company's current operational status and strategic direction. Industry updates were also shared, offering perspective on market conditions and sector developments.

The company referenced its published financial results during the presentations, ensuring all shared information was already in the public domain. The investor presentation that was previously filed with stock exchanges and uploaded on the company's website served as the primary reference material for the discussions.

Regulatory Compliance

Godawari Power & Ispat Limited emphasized strict adherence to regulatory requirements during the conference participation. The company confirmed that no unpublished price sensitive information was discussed or shared during any of the interactions with analysts, institutional investors, or funds.

This disclosure was made in compliance with Regulation 30(6) read with Schedule III and other applicable provisions of the SEBI Listing Regulations. The company had previously informed the exchanges about its planned participation through a letter dated January 02, 2026.

The participation in such investor conferences represents part of the company's ongoing investor relations activities, providing transparency and maintaining regular communication with the investment community while ensuring full regulatory compliance.