Godawari Power & Ispat further invests Rs 100 cr in Godawari New Energy

Godawari Power & Ispat has further invested Rs 100 crore in wholly owned subsidiary, Godawari New Energy against allotment of 10 crore equity shares of Rs 10 each at par on rights basis. Consequent to the allotment, the company's investment in Godawari New Energy has increased to Rs 450 crore comprising of 45 crore equity shares of Rs 10 each.