Godawari Power & Ispat has successfully executed a termination agreement following the complete repayment of an inter-corporate loan by Deccan Gold Mines Limited. The transaction marks the conclusion of a significant financial arrangement between the two companies.

Loan Termination Details

The termination agreement was executed after Deccan Gold Mines Limited fulfilled its obligation by completely repaying the inter-corporate loan. The financial transaction demonstrates successful debt resolution between the corporate entities.

Corporate Action Impact

The execution of the termination agreement represents a significant corporate development for Godawari Power & Ispat. The complete repayment of the ₹120.00 crore inter-corporate loan concludes the lending arrangement and marks successful debt recovery for the company.

This transaction demonstrates effective financial management and successful conclusion of inter-corporate lending activities. The termination agreement formalizes the end of the financial relationship following full settlement of the outstanding amount.

Godawari Power & Ispat Limited has successfully terminated its inter-corporate loan facility with Deccan Gold Mines Limited following complete repayment of the ₹120.00 crores loan amount. The steel company executed the termination agreement on January 6, 2026, and informed stock exchanges about the completion of this significant financial transaction.

Loan Termination Details

The termination follows the full repayment of all outstanding amounts by Deccan Gold Mines Limited. The company disclosed that the borrower has repaid the entire principal amount of ₹120.00 crores along with the applicable interest components.

Background and Timeline

The inter-corporate loan arrangement was originally established through facility agreements that were announced on multiple occasions. The company had previously informed exchanges about these lending arrangements through announcements dated February 25, July 3, and August 30.

The loan facility represented a significant financial commitment, with the total lending amount aggregating to ₹120.00 crores. The successful recovery of this amount demonstrates effective credit management and strengthens the company's liquidity position.

Regulatory Compliance

Godawari Power & Ispat Limited has fulfilled all disclosure requirements under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations. The company provided detailed information as mandated under Schedule III- Para B of Part A of the Listing Regulations and SEBI Master Circular.

Financial Impact

The successful conclusion of this lending arrangement positively impacts Godawari Power & Ispat Limited's financial position. The recovery of ₹120.00 crores along with interest income enhances the company's cash flows and demonstrates successful deployment of surplus funds through inter-corporate lending activities.

The termination agreement completion involves ongoing procedural formalities, which the company is addressing in due course. This development reflects prudent financial management and successful credit recovery, contributing to the company's overall financial stability and operational flexibility.