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.
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