Godawari Power And Ispat Ltd.

Visa Capital Partners has bought 3.49 lakh shares of Godawari Power & Ispat through the open market route. The shares were purchased on an average price of Rs 64 valuing the transaction to Rs 2.23 crore.

Godawari Power & 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.