New Delhi, April 15 -- Godawari Power and Ispat Limited shares are likely to attract investor interest in Thursday's session, April 16, as the company announced a further investment in its subsidiary.

The company, in its post-market regulatory filing on Wednesday, said it has increased its investment in its wholly owned subsidiary, Godawari New Energy Private Limited (GNEPL), through a fresh equity infusion of Rs.50 crore. The funds will be utilised by GNEPL to meet its proposed capex and working capital requirements for setting up a battery energy storage plant.

The company has been allotted 5 crore equity shares of Rs.10 each at par on a rights basis by GNEPL on April 15, 2026, taking its total investment in the subsidiary to Rs.350 c...