Godawari Power & Ispat board to mull fundraise on 18 Sept

Godawari Power & Ispat announced that its board will meet on 18 September 2025, to consider a proposal to raise funds through a preferential issue of securities, equity shares or warrants.

The company stated the issue price will be determined subject to requisite regulatory and statutory approvals.

Godawari Power & Ispat is a fully integrated steel company that operates across the entire steel value chain.

The company's consolidated net profit fell 24.6% to Rs 215.96 crore in Q1 FY26 as against Rs 286.51 crore posted in Q1 FY25. Revenue from operations declined 1.4% YoY to Rs 1,323.25 crore in the quarter ended 30 June 2025.

 

The scrip declined 1.89% to Rs 265.25 on the BSE.

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