Please find attached reply of clarification sought with reference to movement in volume.
GPIL · price
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Awaiting price reaction for this filing.
Godawari Power and Ispat replied to BSE's query on unusual trading volume, listing 11 recent corporate developments since May 2025. Key items include a board-approved dividend, resumption of mining at Boria Tibu iron ore mines, environmental clearance for a 2 million tonne integrated steel plant in Raipur, scheme of amalgamation with wholly-owned subsidiary Godawari Energy, expansion of cold rolling mill capacity to 7,00,000 MTPA, and a proposed 10 GWh Battery Energy Storage System plant through subsidiary GNEPL. A board meeting is scheduled for 18.09.2025 to consider fund raising. The company stated the volume spurt is purely market-driven and it has no knowledge of or control over the reasons for the movement, asserting all disclosures were made timely under SEBI LODR Regulations 2015.
This is a routine regulatory clarification with no negative implication; the company attributes the volume rise to a series of genuinely positive announcements (expansion, diversification into batteries, mining resumption). Investors should watch the 18.09.2025 board meeting outcome for any fund-raising details that could dilute equity or alter the capital structure.