New Delhi, March 11 -- Godawari Power and Ispat share price rose over 2% on Wednesday, March 11 despiteSensex and Nifty ended nearly 2% lower on Wednesday after a day's breather following a spike in crude oil prices amid growing tensions in West Asia.

Godawari Power and Ispat has received approval from the Cuttack Bench of the National Company Law Tribunal (NCLT) for the merger of its fully-owned subsidiary, Godawari Energy Limited. The tribunal issued its order on March 10, 2026, endorsing the complete Scheme of Amalgamation between the two companies.

The scheme will take effect once the certified copy of the NCLT order is submitted to the relevant Registrar of Companies. This marks the conclusion of a process that started with initial...