GODAWARI POWER & ISPAT LTD. - Intimation Regarding Shut-Down Of 50 MW Solar Power Plant Of Godawari Green Energy Limited (A Material Subsidiary Of GPIL).

Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations And Disclosure Requirements) Regulations, 2015, this is to inform you that our Material Subsidiary Company, M/s. Godawari Green Energy Limited (GGEL) has temporarily shut-down its operations at 50 MW Solar Power Plant for complete overhauling and major maintenance of the Plant situated at Village Nokh, Dist: Jaisalmer in the State of Rajasthan, which is expected to be completed within 3 to 4 weeks. As soon as the plant re-starts, we will intimate the same. There will not be any major financial impact on the performance of the GGEL except the loss of revenue for one month due to above shut-down. We would like to further inform you that the impact of the above-said shut down on consolidated financial performance of Godawari Power and Ispat Limited shall be insignificant.