Godawari Power & Ispat Ltd (GPIL) — Corporate Action | 29 September 2026

29 September 2026 · BSE 🔴 High Importance Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

GNEPL allotted 5 million preference shares to GPIL

🔄 What Changed

50 crores of preference shares allotted at par

🔮 What's Next

None

💡 Investor Takeaway

Routine procedural filing with no direct impact on shareholders.

Godawari Power & Ispat announced on 29 September 2026 that its wholly owned subsidiary Godawari New Energy Private Limited received allotment of 5 million optionally convertible redeemable preference shares of Rs 10 each at par, aggregating to Rs 50 crores, from GNEPL on 28 September 2026. The investment supports capex and working capital for a battery energy storage system plant in Raipur and Maharashtra. The transaction is a related party acquisition with 100% shareholding acquired via right basis. No regulatory approvals are required.

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About Godawari Power & Ispat Ltd (GPIL)

Metals & Mining · Steel · Listed on BSE

Market Cap: ₹15,181.71 CrP/E: 17.2ROE: 14.2%ROCE: 19.2%Div Yield: 0.44%

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📊 More GPIL filings

🔴 Financial Results — 28 September 2026Godawari Power & Ispat Ltd announced the outcome of its virtual meeting with analysts and institutio...
🔴 Corporate Action — 25 September 2026Godawari Power & Ispat received an offer letter from Maharashtra Industrial Township Limited on Sept...
🔴 Announcement — 24 September 2026Godawari Power & Ispat Ltd announced it will attend the CIA Metals Day Conference on September 29, 2...
Announcement — 24 September 2026Godawari Power & Ispat Ltd announced that its insider trading window will close on 1st October 2026,...
🔴 Announcement — 23 September 2026Godawari Power & Ispat Ltd announced it will participate in a virtual investor conference on Septemb...

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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