Godawari Power & Ispat Merger & Restructuring Worth ₹23.1 Cr
Godawari Power and Ispat Ltd transferred 7,74,000 shares of Jammu Pigments Limited. The company received ₹23.10 Crore for this stake disposal.
- Value
- ₹23.10 Cr
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Godawari Power and Ispat Ltd transferred 7,74,000 shares of Jammu Pigments Limited. The company received ₹23.10 Crore for this stake disposal.
Godawari Power and Ispat approved the partial divestment of 16,75,000 equity shares in Jammu Pigments Limited. The transaction is valued at ₹49.99 Crore.
Godawari Power and Ispat invested Rs. 150 Crore in its subsidiary, GNEPL. The funds will support a 20 GWh Battery Energy Storage System project.
Godawari Power and Ispat increased its stake in Jammu Pigments to 43.96% via CCPS conversion. The transaction involved shares valued at Rs. 175 Crore without additional cash outflow.
Godawari Power converted CCPS into equity shares of Jammu Pigments Limited. The acquisition, valued at ₹17 Crore, increased its stake to 43.96%.
GPIL invested ₹100 Crore in its wholly-owned subsidiary GNEPL through a rights issue. Funds will support setting up a 20 GWh battery energy storage system plant.
GPIL will invest ₹200 Crore in its subsidiary, GNEPL, to fund a Battery Energy Storage System plant. This strategic move increases total investment to ₹700 Crore.
Godawari Power and Ispat Limited (GPIL) invested ₹50.00 Crore in its wholly-owned subsidiary, Godawari New Energy Private Limited. The capital was infused via a rights issue to fund a proposed 20 GWh Battery Energy Storage System (BESS) plant in Maharashtra. Following this allotment, GPIL's total investment in the subsidiary reaches ₹350.00 Crore.
Godawari Power and Ispat Limited (GPIL) invested ₹50 Crore in its wholly-owned subsidiary, Godawari New Energy Private Limited, via a rights issue. The funds will support a 20 GWh battery energy storage system plant. GPIL's total investment in the subsidiary now stands at ₹350 Crore, maintaining 100% ownership.