Godawari Power and Ispat Limited has successfully completed the amalgamation with its wholly-owned subsidiary, Godawari Energy Limited. The merger became effective on 23rd March 2026, following the receipt of a certified order from the National Company Law Tribunal (NCLT), Cuttack Bench, dated 12th March 2026. The order was filed with the Registrar of Companies on the same day, marking the official completion of the merger process.
The amalgamation, which was conducted under Sections 230 to 232 of the Companies Act, 2013, was initially proposed in several earlier communications dating back to August 2025. The appointed date for the scheme was set as 1st April 2025.
A corrigendum order was also issued by the NCLT on 11th March 2026 to address minor typographical errors in the original order dated 10th March 2026. This corrigendum did not affect the substantive terms of the merger.
The merger is part of Godawari Power and Ispat‘s strategic initiatives to streamline operations and enhance shareholder value by consolidating its business structure.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).