Godawari Power And Ispat limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
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Godawari Power and Ispat Limited has amended its Memorandum of Association (MOA) to add a new main-object clause allowing the company to enter the logistics business, including shipping, air transport, rail transport, and road transport services. The shareholders approved this change at an Extra-Ordinary General Meeting held on 14 March 2026 via video conferencing. The company had earlier intimated the exchanges about this proposal on 6 February 2026. This is a structural/corporate action and does not involve any immediate financial transaction, order, or revenue figure.
The amendment gives the company the legal ability to start or invest in logistics operations, which is a diversification away from its existing steel and power business. For shareholders, this signals a potential new growth avenue, though no concrete project, investment size, or timeline has been disclosed yet.