Meeting Details

  • Date and Time: Saturday, 19th September 2026 at 11:30 AM IST
  • Location/Venue: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The proceedings are deemed to be conducted at the Registered Office of the Company at Plot No. 428/2, Phase 1, Industrial Area, Siltara, Raipur (C.G.) - 492001.
  • Type of Meeting: Annual General Meeting (AGM)

Summary of Proposed Resolutions

Ordinary Business:

1. To receive, consider, and adopt the Standalone Financial Statements for the year ended 31st March 2026, along with reports of the Board of Directors and Auditors.

2. To receive, consider, and adopt the Consolidated Financial Statements for the year ended 31st March 2026, along with reports of the Auditors.

3. To appoint a director in place of Mr. Dinesh Agrawal (DIN: 00479936), who retires by rotation and is eligible for re-appointment.

4. To appoint a director in place of Mr. Vinod Pillai (DIN: 00497620), who retires by rotation and is eligible for re-appointment.

5. Declaration of Final Dividend of Re.1 per equity share (face value Re.1 each) for FY 2025-26.

Special Business:

6. To approve the re-appointment of Mr. Abhishek Agrawal (DIN: 02434507) as Whole-time Director (designated as Executive Director) for five years effective 09-Nov-2026, with a proposed gross salary scale of ₹4.80 Crores to ₹8.40 Crores per annum.

7. To approve the re-appointment of Mr. Siddharth Agrawal (DIN: 02180571) as Whole-time Director (designated as Executive Director) for five years effective 01-Apr-2027, with a proposed gross salary scale of ₹4.80 Crores to ₹8.40 Crores per annum.

8. To approve the re-appointment of Mr. Dinesh Kumar Gandhi (DIN: 01081155) as Whole-time Director (designated as Executive Director) for five years effective 01-Apr-2027, with a proposed gross salary scale of ₹1.50 Crores to ₹2.40 Crores per annum.

9. To approve the remuneration of ₹1,25,000 for Cost Auditors, M/s Sanat Joshi & Associates (Firm Regn. No. 000506), for FY 2026-27.

Voting Process and Methods

  • Remote E-Voting: Provided through National Securities Depository Limited (NSDL) (EVEN-141078).
  • Voting Period: Commences on Wednesday, 16th September 2026 at 09:00 AM IST and ends on Friday, 18th September 2026 at 05:00 PM IST.
  • Eligibility: Shareholders holding shares either in physical or dematerialized form as of the cut-off date of Saturday, 12th September 2026.
  • Meeting Day Voting: E-voting facility will also be available during the AGM for those who have not voted remotely and are present via VC/OAVM.
  • Scrutinizer: CS Brajesh R. Agrawal, Practicing Company Secretary (CP No. 5649 & Membership No. F5771) of BR Agrawal & Associates, has been appointed to scrutinize the e-voting process.

Key Financial and Operational Context (From Explanatory Statements)

  • The company is engaged in manufacturing iron ore pellets, sponge iron, steel billets, Wire Rods, HB Wires, power generation, and iron ore mining.
  • Financial Performance for FY 2025-26 (Standalone):
  • Gross Turnover & Other Income: ₹4905.45 Crores
  • Net Profit (After Tax): ₹919.43 Crores
  • Net Worth: ₹5676.81 Crores
  • Net Profit as per Section 198 of Companies Act, 2013: ₹1160.05 Crores
  • The Board recommended the final dividend on 19-May-2026.

Compliance and Additional Information

  • The AGM is convened in compliance with MCA circulars, SEBI LODR Regulations, and the Companies Act, 2013.
  • The notice is being sent only in electronic mode to members whose email addresses are registered.
  • The Scrutinizer shall submit a report to the Chairman after unblocking votes in the presence of two witnesses.
  • Results along with the Scrutinizer's Report will be placed on the company's website (www.godawaripowerispat.com) and NSDL's website within two working days from the conclusion of the AGM and communicated to the stock exchanges (NSE & BSE).
  • No proxy facility is available as the meeting is virtual; attendance through VC/OAVM counts for quorum.

Dividend Information

  • Record Date: 14th August 2026
  • Dividend Payment: Final Dividend of Re.1 per share, subject to TDS, on a paid-up share capital of 673,097,430 equity shares of Re.1 each.
  • Dividend will be paid within 30 days from declaration to members on the register as of the record date.
  • Detailed TDS guidelines and unclaimed dividend transfer dates to IEPF are provided in the notice.

Important Dates and Contacts

  • AGM Helpline: 022 – 48867000 / 022 -24997000
  • RTA Contact: MUFG Intime India Private Limited, Investor.helpdesk@in.mpms.mufg.com
  • E-Voting Helpdesk: NSDL, evoting@nsdl.com, 022-48867000