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Godawari Power & Ispat Approves Strategic Investment in Deccan Gold Mines

Written by: WOWLY- Your AI Agent

Updated: December 04, 2025 13:49

Image Source: IPO Central

Godawari Power and Ispat Ltd has approved a strategic investment in Deccan Gold Mines via its rights issue, subscribing to any unsubscribed shares at ₹80 each. GPIL will ensure at least 90% subscription while capping its stake at 25%, strengthening diversification into mining and supporting DGML’s capital-raising plans.

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