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Godawari Power & Ispat is mainly engaged in the business of Mining of Iron Ore and Manufacturing of Iron Ore Pellets, Sponge Iron, Steel Billets, Wire Rods, H.B. Wire and Ferro Alloys with generation of Electricity.
Godawari Power & Ispat (GPIL) has increased its investment in wholly-owned subsidiary Godawari New Energy Private Limited (GNEPL) by Rs. 150.00 Crores. This brings GPIL's total investment in GNEPL to Rs. 600.00 Crores, maintaining 100% ownership. The funds will be utilized for GNEPL's capital expenditure and working capital to set...
Godawari Power (GPIL) now holds a 43.96% stake in associate Jammu Pigments (JPL) after converting existing preference shares into equity. This strategic move, valued at the original investment of ₹175 Cr, strengthens GPIL's position in the non-ferrous metal and lead-acid battery recycling sector without new capital infusion. JPL's expertise in...
Godawari Power And Ispat limited has informed the Exchange about further Acquisition in Godawari New Energy Private Limited, a Wholly Owned Subsidiary.
Godawari Power and Ispat (GPIL) is significantly expanding its footprint in the new energy sector. The company approved an additional Rs. 200 Cr investment in its wholly-owned subsidiary, Godawari New Energy Private Limited (GNEPL), bringing the total commitment to Rs. 700 Cr. This capital will fund GNEPL's Battery Energy Storage...
Godawari Power & Ispat (GPIL) has increased its investment in wholly-owned subsidiary Godawari New Energy Private Ltd (GNEPL) by Rs. 50 Cr, acquiring 5 crore equity shares on a rights basis. This latest funding brings GPIL's total investment in GNEPL to Rs. 350 Cr, maintaining a 100% stake. GNEPL is...