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GPILNSEGodawari Power And Ispat limited· Industrial ProductsHighNeutral
Announced Fri, 6 Feb, 2026 · 18:12 IST

Godawari Power to sell 37.85 percent stake in Ardent Steel for Rs 90.87 Cr

Strategic Transactions View source PDFExplain this filing

GPIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+2.8%Reaction day
₹250.00
prior close
₹253.02
announcement price
After-mkt
timing
Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+2.5%+0.2% vs market
Iron & Steel Products peers, median of 90sector+1.6%+1.2% vs sector

On the reaction day the stock moved 0.2 pts more than Nifty Smallcap 250 and 1.2 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-1.8
10m
-1.0
15m
-0.9
30m
-1.7
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+2.8+2.5+0.2+1.6+1.2
Next day
+4.0+3.1+0.9+1.9+2.1
2d
+3.1+3.2-0.1+2.3+0.8
3d
+6.1+2.4+3.7+1.6+4.5
4d
+3.5+0.8+2.7+0.4+3.1
5d
+7.1+0.7+6.3-0.5+7.6
1w
+8.0+2.0+6.0+0.7+7.3
15d
+1.2-1.8+3.0-3.2+4.4
1m
-0.7-5.0+4.4-8.1+7.4
2m
+14.4-2.3+16.6-1.5+15.9
3m
+17.5+8.8+8.8+7.7+9.8
UpDownMarket · Nifty Smallcap 250Sector · Iron & Steel Products peers, median of 90Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved sale of entire 37.85 percent stake in associate company Ardent Steels Private Limited to RJ Logistic Private Limited for Rs 90.87 Crores. Rs 40.50 Cr already received as advance, balance on closing. Deal expected to complete by June 30, 2026. Buyer is not part of promoter group. After completion, Ardent Steel will cease to be an associate of GPIL.

Likely market impact

Cash inflow of about Rs 91 Cr and group simplification. Ardent Steel contributed only 1 percent to consolidated income, so limited operational impact.