GPILBSEGodawari Power and Ispat LtdMediumPositive
Announced Tue, 19 May · 18:18 IST

Please find attached herewith the intimation regarding fixation of Record date for payment of Final dividend. Please refer point No. 2 of Outcome of Board Meeting dated- 19.05.2026.

Corporate Actions View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+2.3%1-day move
₹290.30
prior close
₹299.95
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.8-0.8-0.9+1.5+2.3+0.3-1.5-1.3-2.0-3.1-4.1-5.0-15.8
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AI summary

Godawari Power and Ispat Ltd reported strong FY2025-26 results with standalone net profit of Rs 919.43 Crores (up 19.5% from Rs 769.64 Crores). The Board recommended a final dividend of Rs 1 per share (100% on face value of Rs 1), subject to shareholder approval at the ensuing AGM. The company fixed Friday, 14th August 2026 as the record date for determining dividend eligibility. Additionally, the Board approved investing another Rs 200 Crores in wholly-owned subsidiary Godawari New Energy Private Limited for setting up a Battery Energy Storage System plant, taking total investment commitment to Rs 700 Crores. Standalone EPS improved to Rs 14.20 from Rs 11.91 per share.

Likely market impact

The 100% dividend payout and near-20% profit growth signals company financial strength. Shareholders on the register as of 14th August 2026 will receive the dividend if approved at AGM. The aggressive investment in the energy subsidiary indicates focus on new business vertical beyond steel manufacturing.