Dividend19 May 2026, 07:22 pm
Godawari Power Recommends ₹1 Final Dividend for FY26
AI Summary
Godawari Power and Ispat Ltd's board approved audited 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. The board also approved additional investment of ₹200 Crores in Godawari New Energy Private Limited and a loan of up to ₹150 Crores to Godawari Education Research Foundation, subject to shareholder approval. An EGM is scheduled for June 27, 2026.
Key Highlights
- Audited financial results for FY26 approved with unmodified opinions from auditors.
- Final dividend of ₹1 per share (100%) recommended for FY26.
- Additional ₹200 Cr investment approved for Godawari New Energy Private Limited.
- Loan of up to ₹150 Cr approved for Godawari Education Research Foundation, subject to shareholder approval.
- EGM scheduled for June 27, 2026, to approve loan and remuneration revisions.
Price Impact
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