Godawari Power EGM: Loan to Subsidiary, Remuneration Approved

Godawari Power and Ispat Ltd held an Extra Ordinary General Meeting (EGM) on June 27, 2026, where shareholders approved key resolutions. The meeting saw the passing of four items, including the approval for granting a loan of up to ₹150.00 crores to its subsidiary, Godawari Education and Research Foundation (GERF), under Section 185 of the Companies Act, 2013. Additionally, the revision in remuneration for Mr. Dinesh Agrawal, Whole-Time Director, was also approved. The voting results indicate strong support for these proposals, with a significant majority voting in favour through e-voting.