NSEGeneral Updates29 Jul 2026 · 29 Jul 2026, 12:07 pm
General Updates
Godawari Power And Ispat limited · GPIL
✦ AI SummaryDivestiture
Godawari Power And Ispat Limited has informed the Exchange about the disposal of a stake in Jammu Pigments Limited, an associate company, as part of a partial divestment. The company transferred 7,74,000 equity shares of JPL on 28.07.2026, reducing its stake from 43.96% to 39.99% in JPL.
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Godawari Power And Ispat limited has informed the Exchange about General Updates about Disposal of Stake in Jammu Pigments Limited, An Associate Company
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GODAWARI POWER & ISPAT
Date: 29.07.2026
REF: GPILINSE&BSE/2026/6410
To, TO'
National Stock Exchange of India Limited
BSE Limited
Exchange Plaza, C/I, Block G,
Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex, Bandra (East),
Dalal Street,
Mumbai-400051.
Mumbai-400001.
Scrip Code: GPIL
Scrip Code: BSE: 532734
Dear Sirs/ Madam,
Sub: Updates on Disposal of Stake in Jummu Pigments Limited, An Associate Company.
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 and 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 Ispat Limited (GPIL/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
aggregating to Rs.49.99 Crores.
We would like to inform you that GPIL has transferred 7,74,000 equity shares of JPL on
28.07.2026 into the respective buyer's account towards the consideration of Rs 23.10 Crores
received.
Post conclusion of the first tranche of transfer of 7,74,000 equity shares of JPL, GPIL's stake
reduced from 43.96 % to 39.99 % in JPL.
Kindly take the above infomation on record.
Thanking you,
Yours faithful ly,
F-or, uGodacwar`i Po`we`r and lspat Limited
Y.C. Rao
Company Secretary
Oodawari Power & lspal Limited
An lso 9001.2015, lso 14001 :2015, lso 45001 :2018, 50001 :2018 & 27001 :2022 cohlfied company
CIN L24100CTI 999PLC013756
l{egistered Office and Works: Plot No. 428/2-,-- Phase--TThdtistrial Area, Siltora, Raipur -493111, Chhattisgcirh, India
P: +91 7714082333, F: +91 7714082234
Corporate Address: Hira Arcade, Necir Old Bus Stcind, Pandri, Raipur -492004, Chhattisgarh, India
P: +91 7714082000, F: +91 7714057601
w\^/w.godciwaripowerispclt.com,www.hirc]group.com