StockWatch
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Iron & Steel Products
Board Meeting19 May 2026, 08:11 pm

Godawari Power Re-appoints Internal & Cost Auditors

AI Summary

Godawari Power and Ispat Ltd's board re-appointed WMA/AsP`A38AW!Rco?,'cshE#eTred Accountants as Internal Auditors and M/s. Sanat Joshi & A as Cost Auditors for the financial year 2026-27. The board also approved the audited standalone & consolidated financial results for the quarter and year ended March 31, 2026, and recommended a final dividend of ₹1 per share (100%) for FY 2025-26, subject to shareholder approval.

Key Highlights

  • Final dividend of ₹1 per share (100%) recommended for FY 2025-26.
  • Re-appointment of Internal Auditor for FY 2026-27 approved.
  • Re-appointment of Cost Auditor for FY 2026-27 approved.
  • Additional investment of ₹200 Cr in Godawari New Energy Private Limited approved.
  • Loan up to ₹150 Cr to Godawari Education Research Foundation approved.