Godawari Power & Ispat Limited (GPIL) has announced that Deccan Gold Mines Limited (DGML) has fully repaid its outstanding loans, amounting to ₹120 Crores, including interest. The company has executed a termination agreement on January 6, 2026, and is in the process of completing the necessary procedural formalities. This concludes the inter-corporate loan agreement between the two companies.
Loan Repayment Completion
Godawari Power & Ispat Limited (GPIL) has received full repayment of all outstanding loans from Deccan Gold Mines Limited (DGML). The total amount repaid is ₹120 Crores, which includes the principal loan amount and all accrued interest.
Termination Agreement
On January 6, 2026, GPIL executed a formal termination agreement, signifying the completion of the loan arrangement. The company is currently finalizing procedural requirements associated with this agreement. This action finalizes the inter-corporate loan facility initially granted to DGML.
Original Loan Agreement
The initial facility agreements for the inter-corporate loans, which were aggregating to ₹120 Crores, were previously announced on February 25, 2025, July 3, 2025, and August 30, 2025. The completion of the repayment concludes these agreements. This ensures the full recovery of lent funds and enhances the financial position of GPIL.
Source: BSE
