ScoutQuest29 Sep 2026
Godawari Power and Ispat532734Capex expansion plan

GPIL invests Rs.50.00 crore in WOS Godawari New Energy via 5 crore preference shares for BESS plant

100%Shareholding held
Shareholding held: 100%.
Investment Amount
Rs.50.00 Crores
Subsidiary Structure
100% wholly owned subsidiary (GNEPL)
Project Type
Battery Energy Storage System (BESS) plant in Maharashtra
Shares Allotted
5,00,00,000 preference shares of Rs.10 each
Allotment Date
28.09.2026

GPIL invests Rs.50.00 crore in WOS Godawari New Energy via 5 crore preference shares for BESS plant.

GNEPL incorporation
Earlier intimation
Allotment of preference shares
Intimation received
GNEPL incorporation 25 Jun 2025 · Earlier intimation 19 May 2026 · Allotment of preference shares 28 Sep 2026 · Intimation received 29 Sep 2026
More numbers
  • Preference shares allotted5,00,00,000
  • Total investmentRs.50.00 Crores
  • Face value per shareRs.10/- each
  • Preference dividend rate0.1%
  • Shareholding held100%
  • GNEPL net worth as on 30.06.2026Rs 447.98 Crores
  • ConsiderationRs.50.00 Crores
Source: BSE · 29 Sep 2026

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