Godawari Power And Ispat Limited has officially announced the sad demise of Mrs. Madhu Agrawal, a member of the company’s Promoter Group, who passed away on May 3, 2026. Mrs. Agrawal held a 2.98% stake in the company, amounting to 2,00,61,155 equity shares. The company has confirmed that she will cease to be part of the promoter group in due course following established protocols.
Notification of Demise
Godawari Power And Ispat Limited regretfully informs stakeholders of the passing of Mrs. Madhu Agrawal on May 3, 2026. Mrs. Agrawal was a valued member of the company’s Promoter Group. The directors, management, and staff have expressed their deepest condolences and sympathy to the bereaved family during this difficult time.
Shareholding Details
At the time of her passing, Mrs. Madhu Agrawal maintained a significant equity interest in the organization. Her total shareholding consisted of 2,00,61,155 equity shares, representing approximately 2.98% of the company’s total issued capital. The company is currently managing the transition of these holdings in accordance with standard corporate governance and regulatory requirements.
Family Affiliations
Mrs. Madhu Agrawal was closely connected to the company’s leadership and promoter group. She was the wife of Mr. Narayan Prasad Agrawal, mother of Mr. Kumar Agrawal, sister-in-law of Mr. Bajrang Lal Agrawal (Chairman and Managing Director), and aunt to Mr. Dinesh Agrawal, Mr. Siddharth Agrawal, and Mr. Abhishek Agrawal, all of whom serve in various leadership roles within the firm.
Source: BSE
