Kumar Agrawal, part of the promoter group of Godawari Power and Ispat Limited (GPIL), has increased his stake in the company. This was achieved through the allotment of 22,04,200 warrants. Assuming full conversion of these warrants into equity shares, his holding will increase from 3.31% to 3.54% of the enhanced paid-up share capital. The warrant allotment occurred on November 14, 2025.
Promoter Group Shareholding Change
Kumar Agrawal, belonging to the Promoter Group of Godawari Power and Ispat Limited (GPIL), has acquired additional shares in the company through the allotment of warrants.
Details of Acquisition
The company allotted 22,04,200 warrants to Kumar Agrawal. Post conversion of these warrants into equity shares, the promoter group’s holding will increase.
Impact on Shareholding
Assuming full conversion of these warrants into equity shares, Kumar Agrawal’s shareholding will increase from 2,21,91,055 equity shares (3.31% of the existing paid-up share capital) to 2,43,95,255 equity shares (3.54% of the enhanced paid-up share capital).
Effective Date
The allotment of warrants was completed on November 14, 2025.
Promoter Group Holdings
Following the warrant conversion, the total shareholding of the promoter group will be 435,051,995 shares representing 63.05% of the share capital.
Significant holdings within the promoter group include:
Vinay Agrawal: 38,381,155 shares
Bajrang Lal Agrawal HUF: 36,179,150 shares
Hira Infra Tek Limited: 33,956,230 shares
Source: BSE
