Godawari Power & Ispat Share News - Latest Updates, Live News & More

More news about Godawari Power & Ispat

Godawari Power & Ispat to join GIA Metals Day on September 29

Godawari Power & Ispat joins GIA Metals Day on September 29, 2026. Virtual group meeting scheduled from 2:45 pm to 3:15 pm. Management to engage with investors and analysts via video conference. Disclosure made under Regulation 30 of SEBI LODR Regulations 2015.

21Sept 26

Godawari Power & Ispat schedules analyst plant visit for September 25

Godawari Power & Ispat schedules analyst plant visit for September 25, 2026. Event held at Siltara industrial facility in Raipur, Chhattisgarh. Visit runs from 9:00 am to 5:00 pm followed by management interactions. Registration required via email to Go Intia Advisors.

21Sept 26

Godawari Power & Ispat concludes Anand Rathi G200 Summit investor meet

Godawari Power & Ispat concluded investor meets at Anand Rathi G200 Summit on September 21. Management briefed attendees on business overview and published financial results. No unpublished price-sensitive information was shared during the sessions.

19Sept 26

Godawari Power AGM passes all resolutions including Re.1 dividend

All nine resolutions passed at Godawari Power AGM on September 19, 2026. Final dividend of Re.1 per share approved with near-unanimous support. Key directors including Dinesh Agrawal and Vinod Pillai reappointed. Whole-time directors Abhishek Agrawal and Siddharth Agrawal reappointed.

02Sept 26

Godawari Power & Ispat schedules analyst and investor meet on September 7

Godawari Power & Ispat has scheduled an analyst and investor meeting on September 7. The meeting provides an opportunity for the investment community to engage with the company's management. No additional financial details or agenda items were disclosed in the announcement.

02Sept 26

Godawari Power & Ispat hosts virtual analyst meet with Nirmal Bang Retail

Godawari Power & Ispat holds virtual analyst meet on Sep 8, 2026. Interaction scheduled with Nirmal Bang Retail at 3:30 pm. Disclosed under SEBI LODR Regulation 30 requirements. No unpublished price-sensitive information to be shared.

29Aug 26

Godawari Power & Ispat resumes operations at 2.00 MTPA pellet plant

Godawari Power & Ispat resumes production at its 2.00 MTPA pellet plant in Raipur. Restart occurred on August 29, 2026, following a suspension since July 14, 2026. Company cites improved market conditions as the reason for resuming operations. The facility is located in the Siltara Industrial Area in Chhattisgarh.

25Aug 26

Godawari Power & Ispat files FY26 sustainability report with key ESG metrics

Godawari Power & Ispat files FY26 BRSR with reasonable assurance from TÜV SÜD. Total energy consumption rises to 29,138,418 million kcals from 23,312,282 million kcals. Scope 1 GHG emissions increase to 2,319,604 metric tonnes CO2e from 1,553,940 metric tonnes. Waste generated climbs to 1,327,724 metric tons while landfilling drops 99% to 6,309.67 metric tons. Four employee and two worker fatalities reported in FY26 versus none in FY25.

25Aug 26

Godawari Power sets Sept 19 AGM for director reappointments, dividend

Godawari Power & Ispat schedules 27th AGM for September 19, 2026. Board proposes reappointment of three whole-time directors for five-year terms. Final dividend of ₹1 per equity share recommended for FY26. FY26 net profit after tax stands at ₹919.43 crore on revenue of ₹4,905.45 crore. Remote e-voting opens on September 16 with cut-off date of September 12.

20Aug 26

Godawari Power promoter N P Agrawal acquires 1.99 cr shares via transmission

N P Agrawal, promoter of Godawari Power & Ispat, acquired 1,99,11,155 shares via transmission from Late Mrs Madhu Agrawal on August 17, 2026. His stake increased from 3.48% to 6.43%. The total promoter group shareholding remained unchanged at 63.18%, indicating an internal realignment of ownership without a change in overall corporate control.

13Aug 26

Godawari Power & Ispat posts ₹222.37 crore Q1FY27 profit; steel plant on hold

Godawari Power & Ispat reported Q1FY27 net profit of ₹222.37 crore, up 3% YoY, despite EBITDA margin contraction to 19.07% due to high input costs. The integrated steel plant is on hold, with the CRM complex relocating to Maharashtra. Mining volumes dipped due to regulatory delays, but the beneficiation plant remains on track for Q3FY27 commissioning.

11Aug 26

Godawari Power Updates Vision 2030 Goals, Targets 4X Revenue and 3X EBITDA Growth; FY27 Pellet Guidance Revised to 4.0 Million Tons

Godawari Power & Ispat has updated its Vision 2030 goals to target 4X revenue, 3X EBITDA, and 3X PAT growth, excluding the integrated steel plant from projections. The integrated steel project has been delayed due to water allocation issues and is now a medium-term growth option. FY27 pellet production guidance has been lowered to 4.0 million tons following a plant shutdown, with revised figures to follow. Despite a volume drop from tree-cutting delays, the company achieved 16% to 29% of its annual FY27 targets in Q1.

08Aug 26

Godawari Power & Ispat sets record date for AGM and dividend eligibility

Godawari Power & Ispat Limited has announced August 14, 2026, as the record date for its 27th AGM. Eligible shareholders will receive a proposed final dividend of Re 1 per share, pending approval at the meeting scheduled for September 19, 2026. The AGM will be held virtually via VC/OAVM facilities provided by NSDL.

31Jul 26

Godawari Power & Ispat Q1 Results: Earnings call scheduled for Aug 10

Godawari Power & Ispat Limited announced a conference call for August 10, 2026, to review Q1FY27 earnings. Executive Directors Abhishek Agrawal and Dinesh Gandhi, along with CFO Sanjay Bothra, will address analysts and investors. The filing was made under Regulation 30 of SEBI LODR Regulations.

30Jul 26

Godawari Power & Ispat sells first tranche of Jammu Pigments stake for ₹23.10 crore

Godawari Power & Ispat has finalized the first phase of its divestment in associate Jammu Pigments Limited, selling 7,74,000 shares for ₹23.10 crore at ₹298.45 per share. The move reduces its stake from 43.96% to 39.99%, aligning with a board-approved plan to sell up to 16,75,000 shares for ₹49.99 crore by August 2026.

14Jul 26

Godawari Power & Ispat suspends 2.0 MTPA pellet plant ops from July 14

Godawari Power & Ispat temporarily suspended operations at its 2.0 MTPA iron ore pellet plant in Raipur from July 14, 2026, due to gas supply curtailment by GAIL, increased gas prices, and lower iron ore production. The shutdown, which accounts for 5.50% of total turnover, will impact Q2FY27 profitability but is not expected to have long-term effects as supplies and production normalize post-monsoon.

01Jul 26

Godawari Power promoters confirm zero share encumbrance in FY26

Godawari Power & Ispat Ltd's promoters confirmed zero share encumbrance in FY26, holding 63.34% of the total equity. The disclosure, compliant with SEBI regulations, highlights a clean ownership structure with no pledged shares among the promoter group.

01Jul 26

Godawari Power EGM approves ₹150 crore loan to GERF

Godawari Power & Ispat Limited secured shareholder approval to grant a ₹150 crore loan to its subsidiary GERF for a residential school project and revised remuneration for three Whole-Time Directors effective July 01, 2026, during its EGM held on June 27, 2026.

01Jul 26

Godawari Power raises stake in Jammu Pigments to 43.96%

Godawari Power & Ispat increased its stake in Jammu Pigments to 43.96% by converting 58.92 lakh CCPS into equity shares on June 29, 2026, without further fund infusion. The total holding rose to 85.69 lakh shares, with an initial investment cost of Rs 175 crore. Jammu Pigments, an associate company engaged in non-ferrous metal recycling, reported a turnover of Rs 877.89 crore and PAT of Rs 33.26 crore in FY26.

30Jun 26

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. This acquisition increased his direct holding to 3.32% of the total paid-up capital, while the aggregate promoter group holding remained unchanged at 63.18%.

25Jun 26

Godawari Power features in 2025 Burgundy Private Hurun India 500 list

Godawari Power and Ispat Limited has been recognized in the 2025 Burgundy Private Hurun India 500 list, which ranks India's 500 most valuable companies. This achievement highlights the firm's commitment to innovation and value creation. The list, a collaboration between Axis Bank's Burgundy Private and Hurun India, benchmarks corporate success in the Indian economy.

23Jun 26

Godawari Power commences commercial operations of 6.91 MW plant

Godawari Power & Ispat Limited announced the commencement of commercial operations for its 6.91 MW Waste Heat Recovery Based Power Plant in Raipur, effective June 23, 2026. The plant utilizes waste heat from the Pellet Plant and Ferro Alloys Division to generate power, enhancing energy efficiency at the integrated steel plant.

17Jun 26

Godawari Power & Ispat to attend investor conference on June 23

Godawari Power & Ispat Ltd management will participate in the GIA Flagship Conference 2026 in Mumbai on June 23, 2026, for one-on-one and group meetings. The company stated that no unpublished price sensitive information will be shared during the event.

06Jun 26

Godawari Power invests ₹100 crore in subsidiary GNEPL for BESS plant

Godawari Power & Ispat Limited invested an additional ₹100 crore in its subsidiary GNEPL to fund a 20 GWh Battery Energy Storage System plant. The allotment of 10 crore shares on June 4, 2026, increased the parent company's total stake to ₹450 crore, representing 100% ownership.

31May 26

Godawari Power publishes EGM notice in newspapers

Godawari Power & Ispat Limited has published the notice for its Extraordinary General Meeting (EGM) scheduled for June 27, 2026, in newspapers. The meeting seeks shareholder approval for a ₹150 crore loan to its subsidiary and the revision of remuneration for three Whole-Time Directors.

31May 26

Godawari Power & Ispat to meet institutional investors on June 10

Godawari Power And Ispat Limited has scheduled physical one-to-one meetings with institutional investors in Mumbai on June 10, 2026, from 9:00 AM to 5:30 PM. The management will meet with Edelweiss AMC, Kotak AMC, Mirae AMC, Goldman Sachs AMC, and LIC MF to discuss business performance and strategy. The company confirmed no unpublished price sensitive information will be shared, and the disclosure complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

23May 26

Godawari Power Q4 Revenue Rises 41% QoQ

Godawari Power and Ispat Limited reported a 41% quarter-on-quarter increase in Q4 FY26 revenue, driven by higher sales volume and improved realizations. EBITDA for the quarter rose 91% sequentially to INR 439 crores, while PAT stood at INR 280 crores. Operational achievements include the commissioning of a 2-million-ton pellet plant and environment approval for expanding Ari Dongri Mines to 6 million tons. The company is advancing strategic projects such as a 0.7-million-ton CRM Complex, a 20-Gigawatt BESS project, and a 1-million-ton integrated steel plant.

22May 26

Godawari Power FY26 Net Profit Rises to ₹919.43 Crore

Godawari Power & Ispat Limited announced its audited financial results for the quarter and year ended March 31, 2026, reporting a standalone net profit of ₹919.43 crore for FY26, an increase from ₹769.64 crore in the previous year. Revenue from operations for the year rose to ₹4,905.45 crore, while consolidated net profit stood at ₹801.74 crore on revenue of ₹5,474.79 crore. The Board recommended a final dividend of Re.1 per share and approved investments in subsidiaries.

22May 26

GPIL completes final stake sale in Ardent Steel for ₹22.18 crore

Godawari Power and Ispat Limited (GPIL) has finalized the sale of its remaining 9.22% stake in Ardent Steel Private Limited for ₹22.18 crore. This transaction, executed on May 21, 2026, marks the complete exit of GPIL from the associate company, reducing its holding to 0.00%.

22May 26

Godawari Power Concludes India Manthan 2026 Conference Meetings

Godawari Power And Ispat Limited successfully concluded its participation in the India Manthan 2026-Yes Securities Conference, engaging with analysts and institutional investors. The meetings, held on May 21, 2026, covered the company's business overview, industry updates, and published financial results for Q4 and FY26. The company confirmed that no unpublished price sensitive information was shared during the interactions.

20May 26

Godawari Power starts 25 MWp solar plant in Chhattisgarh

Godawari Power & Ispat Limited commissioned its 25 MWp Captive Solar Power Plant in Chhattisgarh on May 19, 2026. The power generated will be used for captive consumption at Ari Dongri and Boria Tibu Iron Ore Mines, replacing high-cost power from state Discoms. This initiative supports the company's green goals and reduces its carbon footprint.

20May 26

GPIL Board Authorizes Five Key Managerial Personnel

Godawari Power & Ispat Limited announced the Board approval of five Key Managerial Personnel authorized to determine materiality and make disclosures under SEBI Regulation 30(5). The list includes Mr. Bajrang Lal Agrawal as CMD, Mr. Abhishek Agrawal and Mr. Dinesh Gandhi as Executive Directors, Mr. Sanjay Bothra as CFO, and Mr. Yarra Chandra Rao as Company Secretary. The authorization is effective from May 19, 2026, and supersedes the company's previous communication from 2016.

13May 26

Godawari Power & Ispat Limited Submits Monitoring Agency Report for Q4FY26 Preferential Issue Proceeds

Godawari Power and Ispat Limited submitted its Monitoring Agency Report for Q4FY26 to stock exchanges, covering utilisation of proceeds from its ₹500.00 crore preferential issue of fully convertible equity share warrants. CARE Ratings Limited, acting as Monitoring Agency, confirmed no deviation from the offer document's stated objects, with ₹25.22 crore utilised during the quarter toward the BESS project, bringing cumulative utilisation to ₹150.17 crore. A residual ₹0.05 crore remained in the Axis Bank allotment account as at March 31, 2026. All three objects — Project Funding, Investment in BESS Projects, and General Corporate Purposes — remain on track with a target completion date of before April 30, 2028.

07May 26

Godawari Power & Ispat Limited Intimates Change in Corporate Identification Number Following NIC Code Updation

Godawari Power & Ispat Limited has notified the stock exchanges on 07.05.2026 of a change in its CIN from L27106CT1999PLC013756 to L24100CT1999PLC013756, following an updation of the NIC Code by the Ministry of Corporate Affairs. The change was triggered by an alteration in the Main Object Clause of the Company, approved by shareholders and the Central Processing Centre, MCA, Manesar, Haryana. The company confirmed that its legal status, registered office, operations, and share capital remain unchanged, with authorised capital at Rs 99,00,00,000 and paid-up capital at Rs 67,27,25,910.

06May 26

Godawari Power & Ispat Reschedules Board Meeting to May 19, 2026 for FY26 Results

Godawari Power & Ispat Limited rescheduled its Board of Directors meeting from May 15 to May 19, 2026, due to the sudden demise of a promoter group member, as notified under Regulation 29 of SEBI (LODR) Regulations, 2015. The agenda remains unchanged, covering audited standalone and consolidated financial results and statements for FY26, along with a final dividend recommendation. The trading window for insiders remains closed from April 1 to May 21, 2026.

04May 26

Godawari Power and Ispat Limited Intimates Demise of Promoter Group Member Mrs. Madhu Agrawal

Godawari Power and Ispat Limited disclosed the demise of Mrs. Madhu Agrawal, a Promoter Group member, on 03.05.2026, in compliance with SEBI LODR Regulations. She held 2,00,61,155 equity shares representing 2.98% of the company. As per Regulation 31A of SEBI LODR Regulations, 2015, she will cease to be part of the promoter group in due course. The company's directors and employees have extended condolences to her family.

24Apr 26

Godawari Power Subsidiary Signs Supply Agreement for Battery Energy Storage System Components

Godawari Power & Ispat Limited's wholly owned subsidiary GNEPL has signed a supply agreement with Shanghai Shenyi Roche Energy Technology Limited for balance of system components for a 5 MWh DC Block. The agreement supports GNEPL's first phase of a 20 GWh Battery Energy Storage System plant at Sambhajinagar, Maharashtra, representing a major milestone in the company's battery energy storage manufacturing ambitions.

24Apr 26

Godawari Power & Ispat Opens Special Window for Physical Share Transfer and Dematerialisation

Godawari Power & Ispat Limited announced opening of special window for re-lodgement of transfer and dematerialisation of physical securities through newspaper advertisement published on 23.04.2026. The initiative, running from February 05, 2026 to February 04, 2027, targets securities sold/purchased prior to April 01, 2019, with transfers to be processed exclusively in demat mode through RTA MUFG Intime India Private Limited.

23Apr 26

Godawari Power And Ispat Unit Godawari New Energy Enters Supply Agreement with Shanghai Shenyi Roche Energy

Godawari Power And Ispat Limited has announced that its subsidiary Godawari New Energy has signed a supply deal with Shanghai Shenyi Roche Energy. This strategic partnership represents the company's expansion into new energy business segments and establishes a commercial relationship with the Shanghai-based energy firm, potentially creating new business opportunities in the energy sector.

15Apr 26

Godawari Power & Ispat Invests ₹50 Crore in GNEPL for Battery Storage Project

Godawari Power & Ispat Limited has made an additional investment of ₹50 crores in its wholly owned subsidiary GNEPL through allotment of 5 crore equity shares at ₹10 each, bringing total investment to ₹350 crores. The funding supports GNEPL's 20 GWh Battery Energy Storage System Plant project, complemented by a strategic 5-year LFP cell supply agreement with China's Eve Power.

14Apr 26

Godawari Power And Ispat Limited Management to Participate in NDTV Profit Television Interview on April 15, 2026

Godawari Power And Ispat Limited management will participate in a television interview with NDTV Profit on April 15, 2026, at 9:40 AM. The company filed this intimation under SEBI Regulation 30 compliance, clarifying that no unpublished price sensitive information will be discussed. The schedule may change due to exigencies from the organizer, news channel, or company.

09Apr 26

Godawari Power and Ispat Limited Submits SEBI Compliance Certificate for Q4 FY26

Godawari Power and Ispat Limited submitted its quarterly compliance certificate under SEBI Regulation 74(5) for Q4 FY26 ended 31st March 2026. The certificate from registrar MUFG Intime India Private Limited confirms proper handling of dematerialization processes, with all securities processed within prescribed timelines and regulatory procedures followed correctly. This regulatory submission demonstrates the company's commitment to compliance and transparent reporting practices.

02Apr 26

Godawari Power Receives Consent to Operate 6.91 MW Waste Heat Recovery Plant

Godawari Power And Ispat Limited has received regulatory consent to operate a 6.91 MW waste heat recovery power plant at its Siltara Industrial Area facility in Raipur, Chhattisgarh. The plant utilizes waste heat from flue gas generated from the company's Pellet Plant and Ferro Alloys Division, with trial operations starting April 2nd, 2026 and commercial operations expected by month-end.

02Apr 26

Godawari Power And Ispat Limited Schedules Virtual Analyst Meeting with Nirmal Bang Securities

Godawari Power And Ispat Limited has scheduled a virtual one-to-one analyst meeting with Nirmal Bang Securities - PMS Department for April 3, 2026 at 3:30 PM. The company has filed the required intimation under SEBI Regulation 30 with both BSE and NSE. The company has assured that no unpublished price sensitive information will be shared during the meeting and noted that schedule changes may occur due to exigencies from either party.

01Apr 26

Godawari Power Reports Record Production Across All Divisions in FY26

Godawari Power and Ispat Limited reported its highest ever production performance across all divisions in FY26, with iron ore mining reaching 27.49 lakh MT and iron ore pellets achieving 28.56 lakh MT. The company demonstrated strong operational excellence with growth in value-added products and power generation reaching 86.58 crore units.

24Mar 26

Godawari Power Board Approves ₹7000 Cr Steel Plant At Sarora, Chhattisgarh

Godawari Power And Ispat Limited's board has approved a major expansion project involving a new 1.00 MTPA integrated steel plant at village Sarora, Chhattisgarh, requiring ₹7000 crores investment with 1:1 debt-equity financing. The facility will produce heavy and medium section structural steel and wire rods, doubling the company's current 0.50 MTPA capacity which operates above 95% utilization.

24Mar 26

Godawari Power and Ispat Limited Completes Second Tranche Sale of Ardent Steel Stake for Rs 6.60 Crores

Godawari Power and Ispat Limited completed the second tranche of its Ardent Steel Private Limited stake disposal on March 24, 2026, transferring 2,00,000 equity shares for Rs 6.60 crores. This transaction reduced GPIL's holding from 20.98% to 18.46%, causing ASPL to cease being an associate company. The disposal is part of GPIL's broader plan to divest its entire 37.85% stake for Rs 90.87 crores total consideration.

23Mar 26

Godawari Power And Ispat Limited Schedules Virtual Analyst Meeting with Dalal & Broacha on March 26, 2026

Godawari Power And Ispat Limited has scheduled a virtual one-to-one analyst meeting with Dalal and Broacha Stock Broking Private Limited on March 26, 2026, from 10:30 AM to 11:30 AM. The company filed the intimation under SEBI Regulation 30, confirming that no unpublished price sensitive information will be shared during the interaction.

23Mar 26

Godawari Power and Ispat Limited Completes Amalgamation with Godawari Energy Limited

Godawari Power and Ispat Limited has completed the amalgamation with its wholly-owned subsidiary Godawari Energy Limited on March 23, 2026, following NCLT approval. The company received the certified copy of the tribunal order dated March 12, 2026, and filed it with the Registrar of Companies, making the scheme effective from March 23, 2026, with an appointed date of April 1, 2025. A corrigendum order was also issued to correct minor typographical errors in the original NCLT order.

23Mar 26

Godawari Power & Ispat Limited Shareholders Approve MOA Amendment for Logistics Activities

Godawari Power & Ispat Limited shareholders overwhelmingly approved amendments to the company's Memorandum of Association during an Extra-Ordinary General Meeting held on March 14, 2026. The special resolution, supported by 451140965 votes (99.999%) from 301 participating members, enables the company to undertake logistics and transportation activities. This strategic amendment allows optimal utilization of wagons the company plans to purchase under GPWIS for its proposed Integrated Steel Plant, while providing flexibility to offer third-party transportation services during idle periods.

21Mar 26

Godawari Power and Ispat Allots 1,97,002 Equity Shares Under Employee Stock Option Plan

Godawari Power and Ispat Limited allotted 1,97,002 equity shares under GPIL ESOP-2023 following committee approval on 21.03.2026. The allotment generated Rs.2,28,91,632.40 at Rs.116.20 per share exercise price, increasing paid-up capital to Rs.67,13,64,910. The shares comprise 1,72,480 from first grant and 24,522 from second grant, bringing cumulative allotment to 10,17,470 shares.

20Mar 26

Godawari Power & Ispat Limited Schedules Virtual Analyst Meeting with Systematix Group

Godawari Power & Ispat Limited has scheduled a virtual one-to-one analyst meeting with Systematix Group on March 24, 2026, from 3:00 PM to 4:00 PM. The company has informed stock exchanges under SEBI Regulation 30 compliance and assured no price sensitive information will be shared during the interaction.

20Mar 26

Godawari Power and Ispat Converts ₹198.90 Crores Preference Shares in Energy Storage Subsidiary

Godawari Power and Ispat Limited converted 19,89,00,000 preference shares worth ₹198.90 crores into equity shares in subsidiary Godawari New Energy Private Limited on 18.03.2026. The conversion increased GPIL's equity holding from 10,11,00,000 to 30,00,00,000 shares while maintaining 100% ownership without additional fund infusion. GNEPL, incorporated in 2025, is developing a 20 GWh Battery Energy Storage System plant in Maharashtra.

14Mar 26

Godawari Power Shareholders Approve MOA Amendment for Logistics Expansion

Godawari Power and Ispat Limited successfully obtained overwhelming shareholder approval of 99.99% for amending its Memorandum of Association to include logistics activities. The EGM held on 14th March, 2026 through video conferencing saw strong participation with 67.22% votes polled, enabling the company's strategic expansion into comprehensive transportation services including shipping, air, rail and road transport operations.

11Mar 26

Godawari Power and Ispat Limited Receives NCLT Approval for Amalgamation with Subsidiary

Godawari Power and Ispat Limited has received NCLT Cuttack Bench approval for amalgamating its wholly-owned subsidiary Godawari Energy Limited. The order, pronounced on March 10, 2026, sets April 1, 2025, as the appointed date, with the scheme becoming effective upon filing the certified copy with ROC. The amalgamation involves transfer of ₹65,65,00,000 in unsecured loans and consolidation of ₹99,00,00,000 in authorized share capital, with no new share issuance required due to the subsidiary relationship.

06Mar 26

GPIL Sells 16.87% Ardent Steel Stake for ₹40.50 Crore, Cuts Holding to 20.98%

Godawari Power & Ispat Limited successfully executed the first phase of its strategic divestment in Ardent Steel Private Limited, selling 16.87% stake for ₹40.50 crores. This transaction reduced GPIL's holding from 37.85% to 20.98% and represents part of a larger disposal plan worth ₹90.87 crores for the entire stake.

01Mar 26

Godawari Power & Ispat Limited Receives Consent to Operate at Enhanced Capacity for Two Key Divisions

Godawari Power & Ispat Limited has received Consent to Operate approval from the Chhattisgarh Environment Conservation Board to enhance production capacity at its Siltara facility. The approval increases Sponge Iron Division capacity from 594,000 MTPA to 650,000 MTPA and HB Wire Division capacity from 100,000 MTPA to 115,000 MTPA. The enhanced operations are effective immediately without requiring any modifications or additional investments.

17Feb 26

Godawari Power And Ispat Limited Receives CRISIL Rating Re-affirmation with Outlook Upgraded to Positive

Godawari Power And Ispat Limited received re-affirmation of its CRISIL credit ratings with a positive development - the outlook was upgraded from Stable to Positive. CRISIL maintained the Long Term Bank Loan Facility rating at AA- and Short Term Bank Loan Facility rating at A1+. The rating communication was received on 16.02.2026, with the company informing exchanges on 17.02.2026 under regulatory compliance requirements.

10Feb 26

Godawari Power & Ispat Receives Consent to Operate Expanded Iron Ore Mines at 6 MTPA Capacity

Godawari Power & Ispat Limited received consent to operate its expanded Ari Dongri Iron Ore Mines from the Chhattisgarh Environment Conservation Board on 09.02.2026. The expansion increases mining capacity from 2.35 MTPA to 6 MTPA and mining lease area from 138.96 Ha to 213.01 Ha. The company commenced enhanced capacity operations immediately following the consent, having previously received Environmental Clearance on 31.01.2026.

09Feb 26

Godawari Power And Ispat Limited Makes Q3 & 9MFY26 Earnings Call Recording Available

Godawari Power And Ispat Limited has successfully completed its Q3 & 9MFY26 earnings conference call on February 9, 2026, and made the audio recording available to stakeholders. The call featured senior management discussing financial results that were approved by the Board on February 6, 2026, with the recording now accessible through the company website and regulatory filing.

06Feb 26

Godawari Power & Ispat Limited Reports Q3FY26 Results Under Regulation 33

Godawari Power & Ispat Limited announced Q3FY26 financial results under SEBI Regulation 33, reporting standalone net profit growth of 9.42% to ₹148.54 crores despite revenue decline. The company approved strategic investments including ₹120 crores for railway wagons, disposal of 37.85% stake in associate company for ₹90.87 crores, and additional ₹200 crores investment in wholly-owned subsidiary for Battery Energy Storage System project, while successfully commissioning its 2 MnT Iron Ore Pellet Plant.

01Feb 26

Godawari Power Gets Environmental Approval to Expand Ari Dongri Iron Ore Mines

Godawari Power & Ispat Limited has obtained environmental clearance from SEIAA Chhattisgarh to expand its Ari Dongri Iron Ore Mines capacity from 2.35 MTPA to 6 MTPA. The project also involves expanding the mining lease area from 138.96 hectares to 213.01 hectares in Village Kachche, Uttar Bastar, Kanker, Chhattisgarh.

22Jan 26

Godawari Power & Ispat Limited Schedules Board Meeting for February 6, 2026 to Review Q3 FY26 Financial Results

Godawari Power & Ispat Limited has scheduled a board meeting for February 6, 2026, to consider and approve unaudited standalone and consolidated financial results for Q3 FY26 and nine months ended December 31, 2025. The company issued formal notice on January 22, 2026, complying with SEBI regulations and informing NSE and BSE exchanges. The meeting demonstrates the company's commitment to regulatory compliance and transparent financial reporting to stakeholders.

20Jan 26

Godawari Power And Ispat Commits ₹300 Crores Investment in Battery Energy Storage Plant Through Subsidiary

Godawari Power And Ispat Ltd has committed ₹300.00 crores investment in subsidiary Godawari New Energy Pvt Ltd for battery energy storage plant development. The company completed initial equity allotment of 7,56,00,000 shares worth ₹75.60 crores, marking strategic expansion into renewable energy storage sector.

08Jan 26

Godawari Power & Ispat Participates in Go India Top Ideas for 2026 Conference

Godawari Power & Ispat Limited participated in the Go India Top Ideas for 2026 Conference on January 08, 2026, conducting in-person meetings with analysts and institutional investors in Mumbai from 10:45 A.M. to 02:00 P.M. The company shared general business overview, industry updates, and published financial results while confirming no unpublished price sensitive information was disclosed during the interactions.

08Jan 26

Godawari Power & Ispat Completes Environmental Clearance Presentation for Mine Expansion

Godawari Power & Ispat has formally completed its presentation before the State Environmental Assessment Committee for environmental clearance to expand its Ari Dongri iron ore mines capacity from 2.35 MTPA to 6 MTPA, representing a 155% increase that would strengthen its integrated steel operations.

07Jan 26

Godawari Power & Ispat Completes Key Environmental Assessment for Mine Expansion

Godawari Power & Ispat Limited has successfully completed its presentation before the State Environmental Assessment Committee for the expansion of Ari Dongri Iron Ore Mines from 2.35 MTPA to 6 MTPA capacity. The company is now awaiting the formal environmental clearance letter following the finalization of committee minutes, representing a significant step forward in its substantial mining expansion project.

07Jan 26

Godawari Power & Ispat Limited Allots 13.73 Lakh Equity Shares Following Warrant Conversion

Godawari Power & Ispat Limited allotted 13,72,500 equity shares at ₹245 per share following warrant conversion by Meridien Realtech Private Limited (11,00,000 shares) and Shree Nakoda Pipe Impex Private Limited (2,72,500 shares), raising ₹25.22 crores. The allotment increased the company's paid-up capital from ₹66.98 crores to ₹67.12 crores, with the new shares carrying equal rights but subject to SEBI lock-in provisions.

07Jan 26

Godawari Power & Ispat Executes Termination Agreement Following ₹120.00 Crore Loan Repayment

Godawari Power & Ispat executed a termination agreement after Deccan Gold Mines Limited completely repaid a ₹120.00 crore inter-corporate loan. The transaction represents successful debt resolution and concludes the financial arrangement between the two entities, demonstrating effective corporate financial management.

06Jan 26

Godawari Power & Ispat Ends Agreement After Deccan Gold Mines Fully Repays ₹120 Crore Loan

Godawari Power & Ispat Limited successfully concluded its inter-corporate lending arrangement with Deccan Gold Mines Limited after receiving full repayment of ₹120.00 crores with interest. The termination agreement was executed on January 6, 2026, demonstrating effective credit management and strengthening the steel company's liquidity position while fulfilling all regulatory disclosure requirements.

31Dec 25

Godawari Power & Ispat Limited Opts Out of Deccan Gold Mines Rights Issue Due to Oversubscription

Godawari Power & Ispat Limited has decided not to participate in the Deccan Gold Mines rights issue due to oversubscription. The steel sector company's withdrawal reflects its selective investment approach and strategic capital allocation decisions in response to prevailing market conditions.

17Dec 25

Godawari Power & Ispat Approves ₹73.95 Crore Investment in Energy Subsidiary

Godawari Power & Ispat has approved an investment of ₹73.95 crore in its wholly owned subsidiary, Godawari New Energy Private Ltd. The investment will be made through the issuance of 7,39,50,000 preference shares. The funds are intended for capital expenditure and working capital requirements of the subsidiary, demonstrating the company's commitment to expanding its energy business segment.

17Dec 25

Godawari Power Invests ₹73.95 Crore in BESS Subsidiary for Energy Storage Expansion

Godawari Power & Ispat Limited has invested ₹73.95 crores in its wholly owned subsidiary Godawari New Energy Private Limited through allotment of 7.40 crore preference shares for developing a 20 GWh Battery Energy Storage System plant. This investment supports the first phase of the company's broader BESS project expansion from 10 GWh to 40 GWh capacity with total investment of ₹1,625 crores, marking significant diversification into energy storage infrastructure.

04Dec 25

Godawari Power & Ispat to Invest in Deccan Gold Mines' Rights Issue, Signaling Strategic Expansion

Godawari Power & Ispat Limited (GPIL) has approved an investment plan to participate in Deccan Gold Mines Ltd's (DGML) rights issue at ₹80 per share. GPIL has committed to subscribe to unsold shares up to 100% of the rights issue, marking a strategic expansion into the gold mining sector. This move aligns with GPIL's strategy to diversify its investment portfolio beyond its core power and steel businesses. The company's recent financial position shows an increase in investments and total assets, suggesting it is well-positioned for this strategic investment.

19Nov 25

Godawari Power & Ispat Reports Steady Q2 Performance, Announces Major Capacity Expansions

Godawari Power & Ispat Limited (GPIL) maintained strong margins in Q2 despite softer realizations. Revenue remained stable year-over-year with EBITDA and PAT margins at 22% and 14% respectively. Pellet sales increased by 71%. The company announced significant expansion plans including increasing iron ore mining capacity to 6 million tons per annum, a new 2 million ton pellet plant, a 0.7 million ton Cold Rolling Mill complex, a 10 gigawatt Battery Energy Storage System in Maharashtra, and 375 megawatts of solar power capacity. GPIL expects stable iron ore and pellet prices, with Indian steel demand forecasted to grow by 9%.

19Nov 25

Godawari Power And Ispat Secures ₹124.95 Crore for Battery Project Expansion

Godawari Power And Ispat Limited (GPIL) has raised ₹124.95 crore through preference shares to fund its subsidiary's 10 GWh battery energy storage system (BESS) project in Maharashtra. The project, estimated to cost ₹700 crore, will be financed 60% through debt and 40% through GPIL's equity contribution. GPIL has already invested ₹175 crore in the project for land acquisition and other expenses. The BESS project, set to be commissioned by April 2027, aims to position GPIL among the top 5 BESS providers in India, competing with both domestic and international suppliers.

19Nov 25

Godawari Power and Ispat Boosts Promoter Stake with Warrant Allotments

Godawari Power and Ispat Limited has allotted warrants to promoter group members Kumar Agrawal and Hanuman Prasad Agrawal through preferential allotments. Each member received 22,04,200 warrants on November 14, 2025. Upon full conversion, Kumar Agrawal's stake will increase from 3.31% to 3.54%, while Hanuman Prasad Agrawal's stake will rise from 0.14% to 0.46% of the paid-up share capital.

14Nov 25

Godawari Power & Ispat Reports Modest Growth in Q2 Financial Performance

Godawari Power & Ispat announced Q2 financial results with slight improvements across key metrics. Net profit increased by 1.26% to ₹1.61 billion, revenue rose by 3.15% to ₹13.08 billion, and EBITDA grew by 6.88% to ₹2.64 billion. The EBITDA margin expanded to 20.16% from 19.51% in the previous year, indicating enhanced operational efficiency. These modest improvements suggest operational resilience and effective cost management in a challenging economic environment for the power and steel sectors.

06Nov 25

Godawari Power and Ispat Secures 183-Hectare Land for Integrated Steel Plant in Chhattisgarh

Godawari Power and Ispat Limited (GPIL) has acquired 182.937 hectares of land in Village Sarora, Raipur, Chhattisgarh, for setting up an Integrated Steel Plant. The land was allotted by Chhattisgarh State Industrial Development Corporation Limited on a 99-year lease. This acquisition marks a significant step towards GPIL's expansion in the region's steel industry.

30Oct 25

Godawari Power And Ispat Resumes Iron Ore Pellet Plant Operations After Month-Long Shutdown

Godawari Power And Ispat Ltd (GPIL) has resumed operations at its iron ore pellet plant in Siltara, Raipur, Chhattisgarh after a 34-day shutdown. The company lost approximately 150,000 metric tons of iron ore pellet production. Despite this, GPIL remains confident about achieving its yearly production targets, stating no further maintenance shutdowns will be required this financial year. The plant has a capacity of 1.8 MTPA.

16Oct 25

NCLT Approves Godawari Energy-Godawari Power Merger Without Shareholder Meetings

The NCLT Cuttack bench has approved the merger between Godawari Energy Limited and Godawari Power & ISPAT, waiving shareholder and creditor meetings. The merger, with an appointed date of April 1, 2021, aims to consolidate group structure, achieve operational synergies, and enhance financial efficiency. All equity shareholders of Godawari Energy provided consent through affidavits, while the scheme doesn't involve share issuance for Godawari Power & ISPAT. The merger is expected to streamline operations without affecting creditor rights or shareholder stakes.

15Oct 25

Godawari Power and Ispat Holds EGM to Approve Warrant Issuance

Godawari Power & ISPAT conducted an EGM on October 15, 2025, to approve the issuance of convertible warrants to promoters and non-promoters. The meeting, held via video conferencing, was chaired by Director Vinod Pillai. The warrants are to be issued on a preferential basis to promoters, promoter group members, and identified non-promoters. Remote e-voting was available from October 11-14, 2025, with additional electronic voting during the EGM. CS Brajesh R. Agrawal was appointed as the scrutinizer for the voting process. Interested parties, including Bajrang Lal Agrawal, Siddharth Agrawal, and Abhishek Agrawal, did not participate in discussions.

01Oct 25

Godawari Power & Ispat Boosts Capacity with New Cold Rolling Mill Contract

Godawari Power & Ispat Limited has awarded a contract to John Cockerill for the installation of a 6 Hi Reversible Cold Rolling Mill at its Tilda, Raipur facility. This strategic move aims to expand the company's manufacturing capabilities, potentially opening new market opportunities and strengthening its position in the steel sector. The advanced machinery is expected to produce high-quality cold-rolled steel sheets with superior surface finish and dimensional accuracy.

23Sept 25

Godawari Power and Ispat to Raise ₹500 Crore Through Preferential Warrant Issue

Godawari Power & ISPAT plans to issue 2.04 crore warrants at ₹245 each, aiming to raise ₹500 crore through preferential allotment. The company will hold an EGM on October 15, 2025, to seek shareholder approval. Funds will be used for a Cold Rolling Mill Project (₹200 crore), investment in a subsidiary for Battery Energy Storage System projects (₹175 crore), and general corporate purposes (₹125 crore). The warrant issue will slightly decrease promoter group shareholding to 63.05% from 63.51%.

18Sept 25

Godawari Power & Ispat Corrects Investor Names in Rs 500 Crore Convertible Warrants Issue

Godawari Power & ISPAT has issued a corrigendum to rectify spelling errors in investor names for their Rs 500 crore preferential issue of convertible warrants. The corrections include changes to three investor names. The issue involves up to 2.04 crore warrants at Rs 245 per warrant, each convertible into one equity share within 18 months of allotment. Post-issue, assuming full conversion, the promoter group's shareholding is expected to slightly decrease from 63.51% to 63.05%, while public shareholding would increase from 36.49% to 36.95%.

15Sept 25

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

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.

15Sept 25

Godawari Power and Ispat Shares Surge 10% to All-Time High Despite Weak Q1 Results

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.

08Aug 25

Godawari Power & Ispat Unveils INR 1,600 Crore Expansion Plan Amid Steady Q1 Performance

Godawari Power & Ispat Limited (GPIL) has unveiled expansion plans worth INR 1,600 crore, including a INR 900 crore cold rolling mill complex and a INR 700 crore battery energy storage system in Maharashtra. The company reported steady Q1 financial performance with an EBITDA margin of 24% and PAT margin of 15%. Ferro alloys production and sales volume increased by about 15% and 13% year-on-year. GPIL received approval from PGCIL to supply steel billets for transmission projects. The company expects to receive approvals for Ari Dongri mining capacity expansion by Q3 and is on schedule with its pellet expansion project.

05Aug 25

Godawari Power & Ispat Approves Subsidiary Merger, Rs 1,600 Crore Expansion Plans

Godawari Power & ISPAT approved merger with subsidiary Godawari Energy Limited, 0.7 MTPA Cold Rolling Mill Project (Rs 900 crore), and 10 GWh Battery Energy Storage System Plant (Rs 700 crore). Q1 results show revenue of Rs 1,323 crore (-1% YoY), EBITDA of Rs 324 crore (-20% YoY), and net profit of Rs 216 crore (-25% YoY). Company maintained strong margins despite market challenges. Operational highlights include increased ferro alloys production and resumed operations at Boria Tibu mines.

05Aug 25

Godawari Power and Ispat Unveils Rs 1,600 Crore Expansion Plans and Robust Q1 Results

Godawari Power & ISPAT reported solid Q1 results with a consolidated net profit of Rs 216.41 crores. The company unveiled two major expansion projects: a 0.7 MTPA Cold Rolling Mill Project worth Rs 900 crores and a 10 GWh Battery Energy Storage System Plant costing Rs 700 crores. The board approved the merger of subsidiary Godawari Energy Limited with GPIL and re-appointed Bajrang Lal Agrawal as Chairman-cum Managing Director for 5 years. The 26th Annual General Meeting is scheduled for September 20.

16Jul 25

Godawari Power And Ispat Secures Environmental Clearance for 2 Million Ton Integrated Steel Plant in Chhattisgarh

Godawari Power & ISPAT Limited (GPIL) has obtained environmental clearance from the Ministry of Environment, Forests & Climate Change for a new 2 million tons per annum integrated steel plant in Chhattisgarh. The project, located in Village Sarora, Tahsil Tilda, District Raipur, was approved following the 7th meeting of the Expert Appraisal Committee. GPIL has informed the National Stock Exchange of India Ltd (NSE) and BSE Limited about this development in compliance with SEBI regulations.

03Jul 25

Godawari Power Secures Approval for Steel Billet Production

Godawari Power & ISPAT has received approval from Power Grid Corporation of India to produce steel billets for galvanized fabricated steel structures. This approval allows the company to diversify its product portfolio in the steel sector, potentially opening new revenue streams and market opportunities in the construction and infrastructure industries. The approval suggests that Godawari Power's steel billets meet quality standards for critical infrastructure projects, particularly in the power transmission sector.

27May 25

Godawari Power and Ispat Resumes Mining Operations at Boria Tibu Iron Ore Mines

Godawari Power and Ispat Limited has resumed mining operations at its Boria Tibu Iron Ore Mines with an approved mining plan extending until 2030. This development ensures a stable iron ore supply for the company's steel production, potentially reducing external dependencies and optimizing costs. The long-term approval allows for more confident strategic planning in the face of industry challenges related to raw material availability and price volatility.

22May 25

Godawari Power Eyes 20%+ Volume Growth in FY '26, Sets 3 Million Pellet Target

Godawari Power and Ispat Limited projects over 20% volume growth in FY '26, matching FY '25 expectations. The company aims for 3 million pellet production in FY '26, with an additional 0.5-0.6 million from a new plant. These targets are subject to market conditions.