StockWatch
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Iron & Steel Products
Loan & Debt3 Nov 2026, 05:23 pm

Godawari Power Subsidiary Extends ₹20 Cr Loan Repayment to Deccan Gold Mines

AI Summary

Hira Ferro Alloys Limited (HFAL), a subsidiary of Godawari Power and Ispat Limited (GPIL) and part of the promoter group, has extended the repayment tenure for an inter-corporate loan of ₹20.00 Crore granted to Deccan Gold Mines Limited (DGML). Originally disbursed on August 3, 2026, with a repayment due by October 31, 2026, the loan's repayment period has now been extended to March 31, 2027. All other terms and conditions of the original facility agreement remain unchanged.

Key Highlights

  • Subsidiary Hira Ferro Alloys extends loan repayment deadline.
  • Loan amount stands at ₹20.00 Crore.
  • Repayment tenure extended from Oct 31, 2026, to Mar 31, 2027.
  • Original loan agreement terms remain unchanged.