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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.
GPIL's subsidiary, Hira Ferro Alloys, extended a Rs 20 Cr inter-corporate loan to Deccan Gold Mines. This loan will fund DGML's gold project development in Kyrgyzstan, strengthening an existing group relationship, with GPIL already holding shares in DGML.
GPIL partially divested 7.74 lakh equity shares of Jammu Pigments Ltd for Rs 23.10 Cr, reducing its stake from 43.96% to 39.99%. This is the first part of a larger planned divestment totaling Rs 49.99 Cr.
Godawari Power & Ispat (GPIL) is recognized in the 2025 Burgundy Private Hurun India 500 list, solidifying its position among India's 500 most valuable companies. This highlights GPIL's significant role in shaping the economy and commitment to value creation.
GPIL's 6.91 MW Waste Heat Recovery Power Plant at its Raipur steel plant has commenced commercial operations. This plant utilizes waste heat from pellet and ferro alloy divisions, enhancing operational efficiency and energy self-sufficiency.
Godawari Power And Ispat limited has informed the Exchange about General Updates regarding execution of facility agreement for grant of Inter Corporate Loan of Rs. 40 Crores to DGML on 05.06.2026.