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Godawari Power And Ispat limitedOthers, 05-08-2025: Corrigendum

05-08-2025 | 06:15 pm

Godawari Power and Ispat Ltd (GPIL) corrected an earlier announcement concerning its Board meeting outcome. The correction specifies the indicative time period for completing the investment in Godawari New Energy Pvt Ltd (GNEPL), a wholly-owned subsidiary, for setting up a Battery Energy Storage System Plant. The completion timeline has been updated from March 2026 to March 2027. GPIL will acquire a 100% equity stake of Rs. 25.49 Cr in GNEPL to fund this new energy sector venture, impacting the expected rollout of its business diversification.

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