Godawari Power and Ispat Limited

Transaction Details

  • Previous Board Approval: Board meeting dated July 24, 2026 approved partial divestment of 1,675,000 equity shares in JPL
  • Transaction Counterparties: Promoters of JPL and/or their relatives or affiliates
  • Price per Share: ₹298.45 per equity share
  • Total Consideration for Full Approval: ₹49.99 crores for 1,675,000 shares

Recent Transaction Execution

  • Date of Transfer: October 13, 2026
  • Shares Transferred: 335,100 equity shares of JPL
  • Consideration Received: ₹10.00 crores
  • Transfer Mechanism: Shares transferred into respective buyer's account

Ownership Impact

  • Pre-Transaction Holding: 39.99% stake in JPL
  • Post-Transaction Holding: 38.27% stake in JPL
  • Reduction: 1.72 percentage points

Transaction Context

This transaction represents the second tranche of the divestment process, following an earlier disclosure dated July 29, 2026 regarding transfer of 774,000 equity shares of JPL.