Please find attached herewith the Outcome of Board Meeting pertaining to approval for partial divestment of investment in Jammu Pigments Limited.

HIRE ELEEE qgi qigiv gt5giv ti air GODAWARI POWER & ISPAT Date: 24.07.2026 REF: GPIL/NSE&BSE/2026/6401 BSE Limited TO, Phiroze Jeejeebhoy Towers, National Stock Exchange of India Limited Dalal Street, Exchange Plaza, C/1, BIock G, Mumbai-400001. Bandra Kurla Complex, Bandra (East), Scrip Code: BSE: 532734 Mumbai-400051. Scrip Code: GPIL Dear Sir/Madam, Subject: Outcome of Board Meeting -Disclosure under Regulation 30 of the SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015 -Approval for Partial Divestment of Investment in Jammu Pigments Limited Pursuant to Regulation 30 of the SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulati.ons"), read with Schedule Ill thereto and the SEBI Master Circulars issued from time to ti.me, we wish to inform you that the Board of Directors of the Company, at its meeting held on 24th July 2024, has approved the partial divestment of the Company's stake in Jammu Pigments Limited ("JPL") for partial divestment of 16,75,000 equity shares held by the Company in Jammu Pigments Limited (JPL) to the Promoters of JPL and/or their relatives or affiliates at a Fair Value of Rs.298.45 per share aggregati.ng to Rs.49.99 Crores. Subsequent upon conclusion of this transacti.on, the holding of the company in JPL shall be reduced from 85,69,762 (43.96%) to 68,94,762 (35.36%). The details required under Regulati.on 30 of the SEBI Listing Regulati.ons read with the SEBI Circular on conti.nuous disclosure requirements are enclosed as Annexilre -A. The meeting commenced at 12:30 P.M. and concluded at 1:30 P.M. Kindly take the above information on record. Thanking you. Voursfaithfully, For Godawari Power and lspat Limited Yarra Chandra Rao Company Secretary Encl: As Above Limi,ed _ E "=EN---se-REa--2-RERa ----ra - iiELELiiiij+iliiiiiiiiiexiiFii iii AAnn llssoo 99000011 ::22001155,, IISSOO 1144000011 ::22001155,, llssoo 4455000011 ::22001188,, 5500000011 ::22001188 && 22770(01 :2022 certified company CIN L24100Cll 999PLC013756 Regislered Office and Works: Plot No. 428/2, Pha-se I, lndbsiFi-ol Area, Siltara, Raipur -493111, Chhattisgarh, India P: +91 771 4082333, F: +91 771 4082234 Corp®rale Address: Hirci Arccide, Near Old Bus Stcind, Pandri, Raipur -492004, Chhattisgarh, India P: +917714082000, F: +91 7714057601 www.godawaripowerispat.com, www.hiragroup.com HIIEL ra5E=EH q5 t5FT qtzRT qa dr GODAWARI POWER & lspAT Annexure -A Disclosure under Regulation 30 read with Schedule Ill of the SEBl (Listing Obligations and Disclosure Requirements) Regulations, Z015 S.NO Particulars DescriptionsDuringthefinancial year ended on March 31, 2026, a) Amount and percentage of turnover or revenue or income and net worth contributed by the on a consolidated basis: associate company of the listed entity during the a) Profit/Income: Rs.1536.21 Lakhs i.e.1.92 %. last financial year. b) Net worth contributed by the associate to the consolidated net worth - Rs 27381.90 Lakhs which is 4,68 %. b) Date on which the agreement for sale has been The Company shall enter into a definitive entered. agreement with the Proposed Buyer. c) The expected date of completion of sale/ disposal On or before 30.08.2026. d) Consideration received from such sale / disposal. Fair value determined by an Independent Valuer, subject to a minimum price of =298.45 per equity share to be received before transfer of shares. e) Brief details of buyers and whether any of the Promoters of Jammu Pigments Limited and/or buyers belong to the promoter / promoter their relatives or affiliates etc. Buyer does not belong to the Promoter/ Promoter group/group companies. lf yes, details thereof. Group/Group of GPIL f) Whether the transaction would fall within related No party transactions? lf yes, whether the same is done at arm's length. g) whether the sale, lease or disposal of the Not Applicable undertaking is outside Scheme of Arrangement? lf yes, details of the same including compliance with regulation 37A of LODR Regulations. h) Additionally, in case of slump sale, indicative Not Applicable disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale. e-ue Godawari Power & Ispal Limiled AAa-nnS OllssooC 99c00O0011`` :::22O001I1:55I,,S llCssoc 14001 :2015, lso 45001 :2018, 50001 :2018 & 27001 :2022 certified company CIN L24100CTI 999PLC013756 Regis.ered Office and Works: Plot No. 428/2, P-h-ase| lniru-striii\T7[Fea-, Siltarci, Roipur -493111, Chhattisgc]rh, India P: +91 771 4082333, F: +91 771 4082234 Corporale Address: Hira Arcade, Near Old Bus Stand, Pondri, Raipur - 492004, Chhclttisgarh, India P: +91 771 4082000, F: +91 771 4057601 www.godawciripowerispat.com,www.hirclgroup.com