Godawari Power and Ispat completes merger, approves steel plant
after close1 source ↓written by the desknot a recommendation
- integrated steel plant
- ₹7,000 cr
- production capacity
- 1 MTPA
- to ₹264.20
- 4.88%
Godawari Power and Ispat Ltd has completed its merger with Godawari Energy Ltd, sanctioned by the NCLT. The company also approved a ₹7,000 cr integrated steel plant in Chhattisgarh, boosting production capacity to 1 MTPA. Shares rose 4.88% to ₹264.20 amid these announcements.
Not investment advice. For informational purposes only.