Key Details of the Subsidiary
- Name of Entity: Godawari Energy Solutions Private Limited (GESPL)
- Date of Incorporation: October 17, 2026
- Country of Incorporation: India
- Registered Office Location: Chhatrapati Sambhaji Nagar, State of Maharashtra, India
- Holding Company: Godawari Power and Ispat Limited (GPIL)
- Industry Classification: Other civil engineering/Infrastructure projects
Business Activities
The subsidiary's primary line of business is to undertake Engineering, Procurement, and Construction (EPC), turnkey, engineering, procurement, construction, erection, installation, testing, commissioning, operation, and maintenance activities. These activities specifically relate to:
- Battery Energy Storage Systems
- Renewable energy projects
- Power projects
- Electrical projects
- Allied infrastructure projects
Regulatory Approvals
The incorporation of GESPL was approved by the Registrar of Companies (ROC), Central Registration Centre (CRC), under the Ministry of Corporate Affairs (MCA).
Financial and Ownership Structure
- Nature of Consideration: Cash consideration
- Reason for Cash Payment: GPIL is the subscriber to the Memorandum of Association of the subsidiary.
- Cost of Subscription: Initial contribution of ₹1,00,000
- Share Details: This amount was paid for 10,000 equity shares with a face value of ₹10 each, subscribed at par value.
- Shareholding: Godawari Power and Ispat Limited holds a 100% stake in the subsidiary.
Document and Compliance Details
- Scrip Code (NSE): GPIL
- Reference Number: GPELINSE&B SE/2026/ 65 20
- Letter Date: October 17, 2026
- The disclosure has been uploaded to the company's website at www.godawaripowerispat.com.
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