Godawari Power and Ispat has transferred 7,32,000 equity shares of Ardent Steel (ASPL), an Associate Company, into the respective buyer account against consideration of Rs 22.18 crore, which represents 9.24% equity shares of ASPL.
The post conclusion of the third tranche of transfer of 7,32,000 equity shares, the Company’s stake reduced from 18.46% to 9.22% in ASPL.
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.
| Company Name | CMP |
|---|---|
| Tata Steel | 211.65 |
| JSW Steel | 1274.85 |
| SAIL | 172.50 |
| Jindal Stainless | 789.80 |
| APL Apollo Tubes | 2141.55 |
| View more.. | |
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