NP Agrawal has officially notified the stock exchanges regarding the transmission of 1,99,11,155 Equity Shares of Godawari Power and Ispat Limited (GPIL) in his name. This transmission occurred on August 17, 2026, following the passing of Late Mrs Madhu Agrawal. This event results in NP Agrawal now holding 6.43% of the company’s voting capital, with the promoter group’s overall shareholding remaining substantial at 63.18%.
Significant Share Transmission Notified
NP Agrawal has formally informed the stock exchanges, specifically the National Stock Exchange of India and the BSE Limited, about a substantial transmission of shares in Godawari Power and Ispat Limited (GPIL). The company announced that 1,99,11,155 Equity Shares of GPIL have been transmitted into NP Agrawal’s name. This transmission took place on August 17, 2026, a day before the official intimation date of August 19, 2026, and follows the passing of Late Mrs Madhu Agrawal.
Impact on Shareholding
As a result of this transmission, NP Agrawal’s direct holding of shares carrying voting rights in GPIL has increased. Prior to this event, his holding was 3.48% (23,39,1990 shares), and after the transmission, it stands at 6.43% (43,30,3145 shares). The disclosure also confirms that there is no change in the total Promoter Group shareholding, which remains at 42,52,55,795 Equity Shares, representing 63.18% of the total paid-up capital.
Regulatory Compliance
This disclosure is made in compliance with Regulation 29 (2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company has enclosed the necessary disclosures as per the prescribed format, detailing the acquisition and post-acquisition shareholding details.
Source: BSE
