Godawari Sells 7.74L Jammu Pigments Shares

Transaction Details

Godawari Power and Ispat Limited (GPIL) has transferred 7,74,000 equity shares of Jammu Pigments Limited (JPL) on 28 July 2026. The shares were sold at a price of ₹298.45 per share, resulting in total consideration of ₹23.10 crore. The buyers were identified as the promoters of JPL and/or their relatives or affiliates, as previously disclosed in the Board Meeting outcome dated 24 July 2026.

Ownership Impact

Following this transaction, GPIL's stake in JPL has reduced from 43.96% to 39.99%. This represents the first tranche of a broader divestment plan that initially contemplated the sale of 16,75,000 equity shares aggregating to ₹49.99 crore.