Godawari Power & Ispat Ltd.

Our Company was incorporated on September 21, 1999 under the 
 Companies Act, 1956 and was issued a Certificate of Commencement 
 of Business on November 15, 1999. The Registration number assigned 
 to us on incorporation is 10-13756 of 1999.
 
 MAJOR EVENTS
 
 Year     Key Events, Milestones and Achievements
 
 1999    Our Company was incorporated as Ispat Godawari Limited with 
             an objective to set up facilities for manufacture of
 sponge iron, 
             Steel Billets and Captive Power, as a backward
 integration facility 
             for our Group’s Steel Rolling facilities.
 
 2001   Sponge Iron division of Our Company commenced commercial
 operations.
 
 2003   The initial project of our Company with an installed capacity
 of 105,000 
             tonnes of  Sponge iron, 100,000 tonnes of Steel and 18 MW
 of Power 
             Generation became fully operational from August 2003. Our
 Company 
             became the flagship company of our group in terms of
 turnover and 
             profitability. 
             In January 2003, We received a prospecting license for
 Iron Ore mining 
             for Boria Tibu mines in Chhattisgarh.
 
 2004    We started implementation of first phase of expansion in
 capacities of 
             Sponge iron, Steel Billets and Captive Power generation
 and also setting 
             up of new facilities for manufacture of Ferro Alloys and
 HB Wire.
 
 2005    We acquired 51.46% equity capital of R R Ispat Ltd. making
 its presence 
             right across the entire value chain from sponge iron to
 finished steel.
             Our Company issued bonus shares in 4:1 ratio
             Our Company declared maiden dividend of Rs. 1 per
 shares.
             Our Company in a consortium has been shortlisted for
 allotment of Coal mines in
             Chhattisgarh
 
 2006
 
 -Godawari Power fixes IPO price band at Rs 70-81.
 
 2008
 
 - Godawari Power & Ispat Ltd has informed that the Company has signed
 a Memorandum of Understanding (MoU) with the Government of
 Chhattisgarh for setting-up of Cement Plant comprising of 2 million
 tons per annum capacity of Cement and 1 million ton per annum
 capacity of clinker along with Power Plant of 50 MW capacity. The
 total cost of the project is envisaged at Rs 628 crores.
 
 
 2009
 
 - The Company has commercially commenced mining operations at its Ari
 Dongri Iron Ore Mines and the first consignment of the Iron Ore mined
 at the said Mines has reached the factory's site.
 
 - Shri. Vinod Pillai, has been appointed as Additional Director (Non
 Executive Director).
 
 
 2010
 
 - The Iron Ore Pelletisation Plant of the Company with a capacity of
 6,00,000 tons per annum, which was under implementation at Siltara
 Industrial Complex, Raipur, Chhattisgarh, has been successful
 commissioned and the plant has started commercial production.
 
 - The Bio Mass based power plant of the Company with a capacity of 20
 MW has been successfully completed and the plant has started
 commercial generation of power.
 
 - Godawari Power and Ispat Ltd today said that it has bagged the
 mandatory nod for setting up a 50 megawatt (MW) solar thermal power
 plant in Rajasthan.
 
 
 2011
 
 - The Hon'ble High Court of Chhattisgarh at Bilaspur have sanctioned
 and confirmed the Scheme of amalgamation of M/s.Hira Industries
 Limited and M/s R.R. Ispat Limited with our Company namely GPIL.
 
 - Godawari Pow - Acquisition of 8.5 MW Bio-mass Power Plant by the
 Company's. 
 
 2012
 
 -The Company has recommended payment of Dividend of Rs. 2.50 per
 share (i.e. 25%) on the Face Value of Rs. 10/- each
 
 2013
 
 -Godawari Power & Isp - 1.20 Million Tonnes Iron Ore Pelletisation
 Plant - Starts 
 -Godawari Power & Isp - 50 MW Solar Thermal Power Plant set up by
 Subsidiary 
 -Godawari Power & Isp - 1.2 MTPA Iron Ore Pelletisation Plant Started
 Commercial 
 
 2014
 
 -Godawari Power & Isp - Commencement of Mine Development & Iron Ore
 Mining 
 -Godawari Power begins mining activities at Boria Tibu
 -Inauguration of Suresh Agrawal Memorial Cup
 -Young Entrepreneur Awards 2014
 
 2015
 -Milaap Gram Panchayat Cricket Tournament 
 -International Women’s Day Celebration at Mines
 
 
 2016
 
 -The company has restarted partial operations in steel melting shop,
 captive bio mass power plant, steel rolling mill & wire drawing units
 in line with the slight improvement in the price realization and
 market demand,&rdquo.
 
 2018
 
 -Godawari Power & Isp - Commencement of Commercial Operations at Iron
 Ore Mining in Ari Dongri, Village Kachche, Dist: Uttar B
 
 -The Board of Directors of the Company has approved a Scheme of
 Amalgamation ('Scheme') pursuant to section 230 to 232 of the
 Companies Act, 2013 for amalgamation of M/s. Jagdamba Power & Alloys
 Limited (Transferor Company) into M/s. Godawari Power & Ispat
 Limited. The valuation report has been given by Bansi S. Mehta & Co.,
 Chartered Accountants and fairness opinion by independent Merchant
 Banker Equirus Capital Private Limited. 
 
 2021
 
 -The Company has issued Bonus Shares in the Ratio of 1:1.
 -The Company has splits its face value from Rs. 10/- to Rs. 5/-.