Godawari Power & Ispat shareholders approve financials, re-appoint directors

Godawari Power & Ispat Limited held its 26th Annual General Meeting (AGM) on September 20, 2025, through video conferencing. Key resolutions passed include the adoption of standalone and consolidated financial statements for the year ended March 31, 2025. The company reported a gross turnover of INR 4762.89 crores and a net profit after tax of INR 769.64 crores for the period.

Shareholders also approved the re-appointment of Dinesh Agrawal and Vinod Pillai as directors. Bajrang Lal Agrawal was re-appointed as chairman-cum-managing director for a five-year term, effective August 12, 2025, with a proposed gross salary scale of INR 30,00,000 to INR 80,00,000 per month, plus a commission not exceeding 1% of net profits.

Furthermore, CS Tanveer Kaur Tuteja was appointed as the secretarial auditor for a five-year term from 2025-26 to 2029-30, and the remuneration of the cost auditors, M/s Sanat Joshi & Associates, was approved at INR 1,00,000 for the financial year ending March 31, 2026. A final dividend of INR 1/- per equity share was also declared for the financial year 2024-25.