Godawari Power and Ispat has paid Rs 10.00 crore to the debenture holder on January 08, 2015 towards pre-payment for 100 units of Secured Redeemable Non-Convertible Debentures (SRNCD) of Rs 10.00 lakh each out of total 300 units of Rs 10.00 lakh each SRNCDs listed on wholesale debt market platform of the exchange.
Consequent upon the redemption and extinguishment of 100 units of SRNCDs, the SRNCDs shall stand reduced to 200 units of Rs 10.00 lakh each and the corporate action to this effect shall be done and the report of such corporate action shall be submitted to the Stock Exchange as soon as the same is received from the Depositories.
Godawari Power and Ispat is engaged in the production of sponge iron, steel billets, ferro alloys, HB wires, oxygen, fly ash bricks and is also in the power business. GPIL is a flagship company of Raipur-based Hira Group of Industries, which is an integrated steel manufacturer and is having dominant presence in the long product segment of the steel industry; mainly into mild steel wire.
| Company Name | CMP |
|---|---|
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| JSW Steel | 1274.85 |
| SAIL | 172.50 |
| Jindal Stainless | 789.80 |
| APL Apollo Tubes | 2141.55 |
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