GPIL2026-11-13GPIL2026-11-132026-11-13iso4217:INRxbrli:pure532734GODAWARI POWER AND ISPAT LIMITEDGPILNOTLISTEDINE177H01039NewAcquisition (including agreement to acquire)true2026-11-1316:15:002026-11-13GODAWARI POWER AND ISPAT LIMITEDSubsidiaryGODAWARI NEW ENERGY PRIVATE LIMITED (GNEPL)005980000000falsefalsetrueEnergy Sector - Specially in Battery Energy Storage System (BESS).The funds invested by GPIL will be utilized by GNEPL to meet proposed project of 3 GWh manufacturing line for Commercial & Industrial (C&I) Energy Storage solutions in two denominations, namely 261 KWh and 418 KWh cabinets. The estimated cost of project is Rs 135 crore. The GNEPL proposes to commence construction of the project from March 2027 after regulatory approvals and targets commissioning of the aforesaid manufacturing line by March 2028.NAtrueThe additional investment of Rs.110 Crores by way of equity/loan or any other permissible mode will be concluded by 31st March, 2028.Cash1100000000Cash11000000001GNEPL has been incorporated on June 25, 2025 and has not yet started its commercial operations and the Company is in process of setting up a BESS Project. The Company is having its registered office at Raipur, Chhattisgarh and operations will be set up in AURIC Industrial Area in the State of Maharashtra. As on 30.09.2026 the Net worth of the Company is Rs.598 Crores and Turnover- NIL. GPIL has approved the proposal for making additional investment of Rs.110 Crores by way of equity/quasi equity/loan or any other permissible mode in Godawari New Energy Private Limited (GNEPL), a wholly owned subsidiary company, from time to time in one or more tranches to undertake a new line of business of Commercial & Industrial (C&I) Energy Storage. The proposed investment is in addition to the existing investments approval of Rs.700 Crores for the purpose capex and working capital requirements. Thus, the total investment of the Company in GNEPL shall be Rs.810 Crores.The Company will subscribe to the Equity or Preference Shares from time to time in one or more tranches at a price to be determined from time to time or by way of loan.The investment in GNEPL is a related party transaction, since GNEPL is a wholly owned subsidiary. Except as stated above, the promoter/ promoter group/ group companies have no interest in GNEPL.IndiaThe Board approved the proposal for making additional investment of Rs.110 Crores by way of equity/quasi equity/loan or any other permissible mode in Godawari New Energy Private Limited (GNEPL), a wholly owned subsidiary company, from time to time in one or more tranches to undertake a new line of business of Commercial & Industrial (C&I) Energy Storage.The proposed investment is in addition to the existing investments approval of Rs.700 Crores for the purpose capex and working capital requirements. Thus, the total investment of the Company in GNEPL shall be Rs.810 Crores.