Godawari Power Invests ₹100 Cr in Subsidiary GNEPL
Expansion / Capex
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
5th Jun 2026
Company Disclosure: Investment in Wholly-Owned Subsidiary
Investment Details
- Investment Type: Further investment/acquisition in wholly-owned subsidiary
- Previous Intimations: References earlier communications dated 06 February 2026 and 19 May 2026
- Purpose: Capex and working capital requirements for setting up 20 GWh Battery Energy Storage System Plant (First Phase)
Transaction Specifics
- Allotment Date: 04 June 2026
- Intimation Received: 05 June 2026
- Instrument: Equity Shares
- Number of Shares: 10,00,00,000 (Ten Crore) equity shares
- Face Value: ₹10 per share
- Issue Price: At par (₹10 per share)
- Total Investment Amount: ₹100.00 Crores
- Basis: Rights issue to GPIL
Post-Investment Capital Structure
- Previous Holding: 35,00,00,000 equity shares of ₹10 each
- New Total Holding: 45,00,00,000 equity shares of ₹10 each
- Total Investment Value: ₹450.00 Crores
- Ownership Percentage: 100% of paid capital of GNEPL