Please find attached herewith the intimation regarding recommendation of Final Dividend by Board subject to approval of Shareholders in ensuing Annual General Meeting. Please refer point ....
GPIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.3 pts more than Nifty Smallcap 250 and 4.5 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Godawari Power and Ispat Limited reported strong FY2026 results with standalone net profit rising 19.5% to Rs. 919.43 Crores from Rs. 769.64 Crores in FY2025. Consolidated revenue stood at Rs. 5,380.65 Crores. The Board recommended a final dividend of Rs. 1 per share (100% on Rs. 1 face value), subject to shareholder approval at the AGM. The record date for dividend eligibility is fixed for 14th August 2026. Additionally, the company plans to invest Rs. 200 Crores more in its wholly-owned subsidiary Godawari New Energy Private Limited for a Battery Energy Storage System plant, taking total investment to Rs. 700 Crores. An EGM will be held on 27th June 2026 to seek approval for related matters.
The 100% dividend payout signals strong cash generation and reflects confidence in the company's financial health. The ~20% profit growth and continued investment in renewable energy through subsidiaries are positive indicators for shareholders.