Godawari Power And Ispat Ltd.

Pursuant to regulation 30 of SEBI (LODR) Regulation 2015, Godawari Power & Ispat has informed that the majority of lenders of the Company have approved restructuring of existing debt facilities i.e. rupee term loans, External Commercial Borrowing, Non-Convertible Debentures (NCD), working capital loans under Corrective Action Plan as per RBI Circular and the Company has executed Master Restructuring Agreement and other necessary security documents, in favor of the lenders. The cut-off date for restructuring of debt was 1st June, 2016 with moratorium period of 9 months i.e. 28th February, 2017. By this Restructuring Scheme the repayment schedules of the loans have been elongated up-to March, 2032, to be repaid in structured monthly installments. There is no additional borrowing proposed under Restructuring Scheme.

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