EGM held - Rs 150 cr loan to subsidiary and director pay revisions transacted

Board & Shareholder Meetings View source PDF

GPIL · price

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Price reaction · full curve 14 horizons · vs prior close

-4.1%1-day move

₹265.80

prior close

₹260.00

base price

After-mkt

timing

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+2.7+2.1+2.0+1.5-4.1-3.4-2.9-4.1-2.9-7.1-8.0———

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AI summary

Godawari Power and Ispat held an EGM on 27 June 2026 via video conferencing from 11:30 AM to 12:13 PM. Four special business items were transacted: (1) approval for a loan of up to Rs 150 crore to subsidiary Godawari Education and Research Foundation under Section 185, and (2-4) revision in remuneration of three Whole-Time Directors - Dinesh Agrawal, Siddharth Agrawal, and Abhishek Agrawal. Voting results will be announced separately.

Likely market impact

Loan to subsidiary and director pay hikes require shareholder approval; voting results awaited to confirm outcome.