The Board of Directors of Godawari Power & Ispat is scheduled to meet on September 18, 2025, to consider a proposal for raising funds. This may involve the issuance of securities, equity shares, or warrants. The company has also announced a trading window closure effective September 15, 2025, until September 20, 2025.
Fundraising Proposal Consideration
Godawari Power & Ispat has announced that a meeting of its Board of Directors will take place on September 18, 2025. The primary agenda is to consider a proposal for raising funds. This announcement was made on September 15, 2025.
Details of Potential Fundraising
The potential fundraising may involve the issuance of preferential securities, equity shares, or warrants. The determination of the issue price will be subject to regulatory and statutory approvals.
Trading Window Closure
In accordance with the company’s code of conduct for insider trading, the trading window will be closed from September 15, 2025, until September 20, 2025. This closure extends for 48 hours after the board meeting concludes on September 18, 2025.
Source: BSE
