Godawari Power and Ispat Ltd Board to consider Sub-division of Equity Shares & Bonus Issue

A meeting of the Board of Directors of Godawari Power and Ispat Ltd is scheduled to be held on September 14, 2021, to re-consider the Scheme of Arrangement of Godawari Power and Ispat Limited with Jagdamba Power and Alloys Limited.

The board will consider the proposal for sub-division / split of the equity shares of face value of Rs. 10 each of the Company in such manner as may be determined by the Board of Directors.

The board will also consider the proposal for Issue of Bonus Shares.

The 'Trading Window' for dealing in securities of the Company will remain closed from September 08, 2021 to till 48 hours after the conclusion of the Meeting of the Directors / KMP and other designated employees etc. covered under the Code.

Shares of GODAWARI POWER AND ISPAT LTD. was last trading in BSE at Rs. 1044.85 as compared to the previous close of Rs. 1099.8. The total number of shares traded during the day was 9923 in over 650 trades.

The stock hit an intraday high of Rs. 1114.6 and intraday low of 1044.85. The net turnover during the day was Rs. 10432716.

Source : Equity Bulls

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