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Godawari Power And Ispat limitedOthers, 11-02-2025: Disclosure under SEBI Takeover Regulations

11-02-2025 | 03:53 pm

Prakhar Agrawal, a member of the promoter group of Godawari Power and Ispat Limited, has acquired 6,48,045 equity shares, representing 0.10% of the company's total paid capital, through a gift transfer from his brother, Pranay Agrawal. This acquisition took place via an off-market transaction. The paid-up capital of the company stands at ₹66.89 crore.

This move may strengthen the promoter's shareholding, potentially enhancing stability and investor confidence. Investors should view this as a positive outlook, as familial transfers often indicate a long-term commitment to the company’s growth.

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