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Godawari Power and Ispat informs about outcome of board meeting

18 Sep 2025 Evaluate
Godawari Power and Ispat has informed that Board of Directors of Godawari Power and lspat (the Company) at its Meeting held today, on 18th September, 2025, has considered and approved the following: To issue up to 2,04,08,220 (Two Crores Four Lakhs Eight Thousand Two Hundred and Twenty) warrants (Warrants) for cash at a price of Rs 245 (Rupees Two Hundred Forty Five only) per warrant, each Warrant convertible into 1 (one) fully paid-up equity share of the Company of face value of Re.1 (Rupee One only) each at a premium of Rs. 244 (Rupees Two Hundred Forty Four only) each aggregating up to Rs 5,00,00,13,900 (Rupees Five Hundred Crores Thirteen Thousand Nine Hundred only), by way of preferential issue on private placement basis to the Promoters and/or members of Promoter's group of the Company and other Identified non-promoters (Proposed Allottees), in accordance with provisions of section 42, 62(1)(c) of the Companies Act, 2013 as amended, read with Companies (Prospectus and Allotment of Securities) Rules, 2014, and Companies (Share Capital and Debentures) Rules, 2014 as amended, and Chapter V of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 as amended (SEBI LODR Regulations), Securities and Exchange Board of India Listing Obligations and Disclosure Requirements) Regulations 2015 as amended ('SEBI LODR Regulations) and such other acts / rules / regulations as may be applicable and subject to necessarily approval of the shareholders of the Company at the ensuing Extraordinary General Meeting and other regulatory authorities, as may be applicable.

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

Godawari Power & Isp Share Price

301.10 -4.50 (-1.47%)
20-Apr-2026 09:43 View Price Chart
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