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GODAWARI POWER & ISPAT LTD. - Acquisition Of Shares Of Hira Ferro Alloys Limited (A Subsidiary Company)
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23 Oct 2021
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, we would like to inform you that pursuant to the decision of the Board of Directors of Godawari Power And Ispat Limited (GPIL) in its meeting held on 27.07.2021, the GPIL has subscribed to the Preferential Offer made by Hira Ferro Alloys Limited (HFAL) for the second trench of 9,00,000 equity shares at a price of Rs. 195/- per share. &lt;BR&gt; &lt;BR&gt; Subsequent to allotment of these 9,00,000 equity shares of HFAL, the GPIL&apos;s holding in HFAL has been increased from 50.72% to 52.79% in the enhanced capital of HFAL wef 22nd October, 2021. Further information pursuant to the provisions of Regulation 30 of SEBI (LODR) Regulations relating to the said acquisition is given in Annexure A. (As per Letter attached)&lt;BR&gt;
View all announcements for GODAWARI POWER & ISPAT LTD. Source: BSE India

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