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Godawari Power and lspat informs about updates on disposal of stake

14 Oct 2026 Evaluate

In continuation with the Outcome of Board Meeting dated 24.07.2026 regarding partial divestment of 16,75,000 equity shares held by the company (GPIL) in Janmu Pigments (JPL) to the Promoters of JPL and/or their relatives or affiliates at a Fair Value of Rs. 298.45 per share aggregating to Rs.49.99 Crores and its earlier disclosure dated 29.07.2026 regarding transfer of 7,74,000 equity shares of JPL, Godawari Power and lspat has informed that GPIL has transferred 3,35,100 equity shares of JPL on 13.10.2026 into the respective buyer's account towards the consideration of Rs 10.00 Crores received. Post conclusion of the second tranche of transfer of 3,35,100 equity shares of JPL, GPIL's stake reduced from 39.99% to 38.27% in JPL.

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


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