Please find attached herewith the intimation of demise of Mrs. Madhu Agrawal, Member of Promoter Group.
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Godawari Power and Ispat Ltd announced the sad demise of Mrs. Madhu Agrawal on May 3, 2026. She was a member of the Promoter Group, holding 2,00,61,155 equity shares representing 2.98% of the company's total share capital. She was related to key promoters including Mr. Narayan Prasad Agrawal (husband), Mr. Kumar Agrawal (son), and Mr. Bajrang Lal Agrawal (brother-in-law and CMD). The company has stated she will cease to be part of the promoter group per Regulation 31A of SEBI LODR Regulations, 2015. The shares will likely be transferred to her legal heirs through inheritance.
With 2.98% shareholding leaving the promoter group, the aggregate promoter holding may decrease slightly. This is a routine corporate event, though the inheritance and subsequent reclassification of shares could marginally affect promoter group stake percentages.