NSEUpdates4h ago · 14 Oct 2026, 01:41 pm
Updates
Godawari Power And Ispat limited · GPIL
✦ AI SummaryDivestiture
Godawari Power And Ispat Limited has informed the Exchange regarding the disposal of 3,35,000 equity shares of its associate company, Jammu Pigments Limited, to the promoters of JPL and/or their relatives or affiliates at a fair value of Rs. 298.45 per share, reducing its stake from 39.99% to 38.27%.
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Godawari Power And Ispat limited has informed the Exchange regarding 'Updates on Disposal of Stake in Jammu Pigments Limited, An Associate Company.'.
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GODAWARI POWER & lspAT
REF: GPILINSE&B SE/2026/6512 Date: 14.10.2026
TO, TO,
BSE Limited National Stock Exchange of India Limited
Phiroze Jeej eebhoy Towers, Exchange Plaza, C/I , Block G,
Dalal Street, Bandra Kurla Complex, Bandra a3ast),
Munbai400001. Munbai-400051.
Scrip Code: BSE: 532734 Scrip Code: GPIL
Dear Sirs/ Madam,
Sub: Updates on Disposal of Stake in Jammu Pigments Limited, An Associate Company.
In continuation with the Outcome of Board Meeting dated 24.07.2026 regarding partial divestment
of 16,75,000 equity shares held by the Godawari Power and lspat Limited (GPIL) in Janmu
Pigments Limited (JPL) to the Promoters of JPL and/or their relatives or affiliates at a Fair Value
of Rs. 298.45 per share aggregating to Rs.49.99 Crores and our earlier disclosure dated 29.07.2026
regarding transfer of 7,74,000 equity shares of JPL.
We would like to infom you that GPIL has transferred 3,35,loo equity shares of JPL on 13 .10.2026
into the respective buyer's account towards the consideration of Rs 10.00 Crores received.
Post conclusion of the second tranche of transfer of 3,35,loo equity shares of JPL, GPIL's stake
reduced from 39.99 % to 38.27 % in JPL.
Kindly take the above infomation on record.
• Thanking you,
Your faithfully,
For, Godawari Power and lspat Limited
• Y.C. Rao
Company Secretary
Godowari P®wer & lspal Llmlted
An lso ?001 :2015, lso 14001 :2015, lso 45001 :2018, 50001 :2018 & 27001 :2022 cortifiod company
CIN L24I O0CTl 999PLCol 3756
Registered Offlce and Works: Plot No. 428/2, Phase 1, lndustricll Area, Siltaro, Raipur -493111, Chhottisgorh, India
P: +91 7714082333, F: +91 7714082234
Corporate Address: Hiro Arcade, Near Old Bus Stand, Pandri, Roipur - 492004, Chhattisgorh, Indici
P: +91 7714082000, F: +91 7714057601
www.godawaripowerispat.com,www.hiragroup.com