Godawari Power and Ispat Ltd announces resignation of Chairman

Shri Biswajit Choudhuri, Chairman of the Board and Independent Director of Godawari Power and Ispat Ltd has submitted his resignation letter dated 14.10.2021 from the Directorship and Chairmanship of the Board and Chairmanship/Membership from various Committees in which he was Chairman or Member due to some personal reasons.

The Board accepted his resignation with effect from the time of conclusion of the meeting of the Board held today i.e. 16.10.2021 and placed on record its deep sense of appreciation for the services rendered and guidance given by Shri Biswajit Choudhuri during his tenure as Director & Chairman of the Board and Chairman / member of various Committees of the Board.

Consequent upon resignation of Shri Biswajit Choudhuri from the Directorship and Chairman of the Board, Shri Shashi Kumar, Independent Director of the Company has been appointed as Chairman of the Board with immediate effect.

Shares of Godawari Power And Ispat limited was last trading in BSE at Rs. 1357.75 as compared to the previous close of Rs. 1395.75. The total number of shares traded during the day was 12247 in over 1399 trades.

The stock hit an intraday high of Rs. 1409.80 and intraday low of 1352.05. The net turnover during the day was Rs. 16774372.00.

Source : Equity Bulls

Keywords

GodawariPowerandIspat INE177H01013 GPIL Chairman Resignation