GODAWARI POWER & ISPAT : INCREASED STAKE IN WHOLLY OWNED SUBSIDIARY

• GPIL's investment in GNEPL increased from 45,00,00,000 Equity Shares to 60,00,00,000 Equity Shares, aggregating to Rs.600.00 Crores, comprising 100% paid capital. • Funds invested by GPIL will be utilized by GNEPL for capex and working capital for setting up a 20 GWh Battery Energy Storage System Plant. • GNEPL's registered office is in Raipur, Chhattisgarh and operations will be set up in Maharashtra.

Godawari Power and Ispat Ltd

Open attachment

← Back to feed