GODAWARI POWER & ISPAT – Green Energy Push

• 💰 Equity Infusion: GPIL invested ₹75.6 Cr in wholly-owned subsidiary Godawari New Energy Pvt. Ltd. (GNEPL) via rights issue of 7.56 crore shares at ₹10 each. • 🔋 Battery Storage Focus: Funds to support Phase 1 of a 20 GWh Battery Energy Storage System (BESS) plant, including capex and working capital. • 🏭 Green Expansion: GNEPL, incorporated in June 2025, operates in energy storage, enabling renewable integration. • 📊 Approved Funding: Part of GPIL’s ₹300 Cr approved plan for GNEPL’s BESS project. • ⚖️ Governance: WOS transaction at arm’s length; no promoter group conflict.