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Godawari Power & Ispat informs about acquisition

15 Dec 2021 Evaluate

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, Godawari Power & Ispat has informed that pursuant to the decision of the Board of Directors of Godawari Power and Ispat (GPIL) in its meeting held on 27.07.2021, the GPIL has subscribed to the Preferential Offer made by Hira Ferro Alloys Limited (HFAL) for the fourth and Last trench of 9,00,000 equity shares at a price of Rs 195 per share. Subsequent to allotment of these 9,00,000 equity shares of HFAL, the GPIL's holding in HFAL has been increased from 54.70% to 56.45% in the enhanced capital of HFAL with effective from 14th December, 2021. Further information pursuant to the provisions of Regulation 30 of SEBI (LODR) Regulations relating to the said acquisition is given in Annexure A.

The above information is a part of company’s filings submitted to BSE.

Godawari Power & Isp Share Price

305.60 5.10 (1.70%)
17-Apr-2026 16:59 View Price Chart
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