The Board of Directors of Godawari Power and Ispat Limited, at its meeting held today have approved the financial results of the company for the period ended March 31, 2023 - Q4FY23 and FY2023.
The Board of Directors of Godawari Power and Ispat Ltd has recommended the payment of Final dividend of Rs. 4/-per share i.e., 80% on equity share of Rs. 5/- each for the FY 2022-23
Godawari Power and Ispat Ltd has announced that the Sponge Iron Plant, Power Plants, Steel Melting Shop, Rolling Mill and Wire Drawing Plants at Siltara, Raipur, Chhattisgarh have partially resumed its operations w.e.f. 24th March, 2023.
The Board of Directors of Godawari Power & Ispat Ltd has approved the buyback up to 50,00,000 fully paid-up equity shares having a face value of Rs. 5 each at a price of Rs. 500 per share through tender offer.
A meeting of the Board of Directors of Godawari Power & Ispat Ltd is scheduled on Mar 18, 2023, to consider a proposal for buyback of fully paid up equity shares of the Company of face value of Rs. 5/- each.