GPIL invests Rs 50 crore more in GNEPL for BESS project
Godawari Power and Ispat Limited (GPIL) has infused an additional Rs 50 crore into its wholly owned subsidiary, Godawari New Energy Private Limited (GNEPL), through a rights-based allotment of 5 crore equity shares of Rs 10 each. The allotment was completed on April 15, 2026. Following this tranche, GPIL’s total investment in GNEPL has increased from Rs 300 crore (30 crore shares) to Rs 350 crore (35 crore shares), representing the subsidiary’s entire paid-up capital….