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GPIL merger with Godawari Energy receives NCLT approval

pre-market1 source ↓written by the desknot a recommendation

effective
1 Apr 2025

Godawari Power & Ispat Limited (GPIL) announced that the NCLT approved its merger with Godawari Energy Limited, effective from 1 Apr 2025. This merger will increase GPIL's authorized share capital to ₹99 cr, up from ₹25 cr, and cancel outstanding debentures of ₹65.65 cr. The consolidation aims to enhance financial strength and streamline operations.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 12 Mar 2026, 07:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

GPIL closed +4.3% on the day of the news, from ₹253.75 to ₹264.70; Nifty −0.9% over the same session.

Bulletin at 07:06 IST on 12 Mar 2026. Every change is measured from ₹253.75, the last close before it, on 11 Mar. Nifty 50 is measured over the same sessions.

  • GPIL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
GPIL closes around the bulletin against the close before the news, with Nifty 50 rebased to it220.97253.75286.53axis spans 30%before the news · 11 Mar253.75Nifty 50GPILbulletinD0+1+3+55 Mar17 Mar27 MarReference close ₹253.75. 16 sessions from 5 Mar to 27 Mar; the price axis spans 30 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before11 Mar₹253.75basebase
On the day12 Mar₹264.70▲ +4.3%▼ −0.9%+5.3 pp difference
+1 session13 Mar₹251.55▼ −0.9%▼ −3.0%+2.1 pp difference
+3 sessions17 Mar₹260.25▲ +2.6%▼ −1.2%+3.8 pp difference
+5 sessions19 Mar₹250.70▼ −1.2%▼ −3.6%+2.4 pp difference
Gap at the open, % · ₹
0.0%0.00 on 12 Mar
Day's range, % · ₹
8.3%≈ 21 high to low
Volume on the day
1.70×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · GPIL on the desk →

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