Closure of operations

HIIEL k--rm F tin - ch Girt coDAWAni powER & ispAT Date: 14.07.2026 REF: GPILINSE&BSE/2026/6393 National Stock Exchange of India Limited BSE Limited Exchange Plaza, C/1, Block G, Ph iroze Jeej eebhoy Towel.s, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai-400001, Mumbai-400051. Scrip Code: GPIL Scrip Code: BSE: 532734 Sub: Temporarily Suspension of Operations at 2.00 MTPA Iron Ore Pellet Plant situated at Phase -11, Siltara Industrial Area, Raipur, Chhattisgarh w.e.f. 14.07.2026. Pursuant to regulation 30 of Securities and Exchange Board of India (Listing Obligations And DisclosureRequirements)Regulations,2015,thisistoinformyouthattheGodawariPowerandlspat Limited, has temporarily suspended the operations at 2.0 MnT Iron Ore Pellet Plant situated at phase- ll, Siltara Industrial Area, Raipur, Chhattisgarh w.e.f. 14.07.2026, due to curtailment of contracted gas supplies by GAIL, pursuant to withdrawal of Natural Gas (Supply Regulation) Order, 2026 vide Gazette Notification dated 04.07.2026, continuing Force Majeure situation as communicated by the upstream supplier(s) and operational feasibility, resulting in increased gas pricing, effective from 09.07.2026, and also on account of lower production of iron ore from Ari Dongri Mines in view of rainy season. The higher cost natural gas prices, on account of additional cost of drawing natural gas beyond the contracted supplies coupled with sourcing iron ore from market at higher cost, is making production of pellets economically, unviable. The shutdown of Pellet Plant will result into lower the production and sales volumes of Iron Ore Pellets, impacting profitability of the Company in Q2FY27, however there will be no long-term impact on profitability, as the Company, iron ore production to volume to increase post monsoon and gas supplies are nomalized. The details in respect of the above said as required to be disclosed under Regulation 30 of the SEBI (LODR) Regulation 2015, are set out below at Annexure-A. The above information may please be disseminated. Thanking you, Yours faithfully, Fcor, -Goudaweari `Pow`er` and Ispat Limited Y.C. Rao Company Secretary j~ul~"~€==~=-=K ~-~ ~---®odawari Power & Ispal Limiled An lso 9001 :2015, lso 14001 :2015, lso 45001 :2018, 50001 :2018 & 27001 :2022 cortifiod compeny CIN L24100CT1999PLC013756 Reglslered Office and \^/orks: Plot No. 428/2, P-hcise 1, lndusi-rial Area, Siltaro, Raipur -493111, Chhattisgorh, India P: +917714082333, F: +91 7714082234 Corporate Address: Hira Arcade, Necir Old Bus Stand, Pandri, Raipur - 492004, Chhattisgarh, India P: +91 771 4082000, F: +91 771 4057601 www.godawaripowerispcit.com, www.hirc]group.com HIIEL LEE3]+rm qt H - A wh GODAWARI POWER & lspAT Annexure -A Closure of operations of any unit, division (in entirety or in piecemeal): Sl. No. Particulars Details I Date of such binding agreement, if any, entered for sale of Not Applicable such unit/division, if any; 2 Amount & percentage of turnover or revenue or Income Turnover: and net worth of the listed entity contributed by such unit Rs 259 Crores (5.50%) or division during the last financial year; 3 Date of closure or estimated time of closure; 14-07-2026 4 Reasons for closure. As stated in the letter. Godawari Power & lspal Limiled _..~._~=Ts=;i:;_:~:_::_5,::O¥jfETj,¥¥2¥OjjoF8¥:=70€Trfu2_O=:_c:rf,::dITL;:`.p`O=~y~_<tyruqq`h~ CIN L24100CTl 999PICO13756 Reglslered Office and Works: Plot No. 428/2, Phase 1, Indus-tricii Area, Siltaro, Raipur -493111, Chhcittisgcirh, lndici P: +91 771 4082333, F: +91 771 4082234 Corporate Address: Hira Arcade, Near Old Bus Stand, Pandri, Raipur - 492004, Chhattisgarh, India P: +91 771 4082000, F: +91 771 4057601 w\^/w.godciwaripowerispot.com,www.hiragroup.com