Godawari Power & Ispat has informed that the Board proposal to invest up to Rs. 21 Crores in the Right issue offer proposed to be made by the Subsidiary Company namely Alok Ferro Alloys (AFAL). Also informed that due to oversight, some minor clerical errors have been committed in Annexure 8 namely Information relating to acquisition/investment in point no. J pertaining to the turnover of the AFAL. The turnover was inadvertently mentioned for the FY 2021-22, 2022-23 and 2023-24 as Rs 13465.31 Crores, Rs.6911.68 Crores and Rs.9620.89 Crores respectively. However, the actual turnover of AFAL for the FY 2021-22, 2022-23 and 2023-24 has been Rs.13465.31 Lakhs, Rs.6911.68 Lakhs and Rs.9620.89 Lakhs respectively. It enclosed the Annexure-B of the Outcome of Board Meeting with the above said corrections. There is no other correction in the Outcome of Board Meeting dated 15.06.2024.
The above information is a part of company’s filings submitted to BSE.