Subsidiary17 Oct 2026, 04:40 pm
Godawari Power Incorporates Wholly Owned Subsidiary
AI Summary
Godawari Power and Ispat Limited has incorporated a wholly owned subsidiary, Godawari Energy Solutions Private Limited (GESPL), on October 17, 2026. GESPL will focus on Engineering, Procurement, and Construction (EPC) activities, turnkey projects, and operations related to Battery Energy Storage Systems, renewable energy, power, and electrical infrastructure. The initial contribution to GESPL is Rs. 1,00,000, with Godawari Power and Ispat Limited holding 100% shareholding.
Key Highlights
- Incorporation of a new wholly owned subsidiary, Godawari Energy Solutions Private Limited.
- The subsidiary will focus on EPC, renewable energy, and power infrastructure projects.
- Godawari Power and Ispat Limited will hold 100% of the subsidiary.
- Initial investment of Rs. 1,00,000 made into the subsidiary.
Price Impact
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