MITL Offer Letter: Godawari Power & Ispat Land Allotment at AURIC Bidkin (31.45 acres, Plot 43, Sector 25)

Authorising Body and Context

Maharashtra Industrial Township Limited (MITL) is a Special Purpose Vehicle between Maharashtra Industrial Development Corporation (MIDC) and National Industrial Corridor Development Corporation (NICDC). MITL has the mandate to undertake the development of all industrial nodes coming under the Delhi Mumbai Industrial Corridor (DMIC) and NICDC Programme in Maharashtra.

AURIC has a total area of 10,000 acres spread across the Shendra and Bidkin areas near Aurangabad. The Shendra node is 2,000 acres and the Bidkin node is 8,000 acres. 60% of land in Auric is zoned for industrial use, while the remaining 40% is zoned for residential and commercial use, as well as public spaces, and social and cultural amenities.

The Offer Letter Decision

MITL issued an Offer Letter dated September 22, 2026, which was received by Godawari Power and Ispat Limited on September 24, 2026. This is a formal offer—not yet a binding allotment agreement—but represents MITL's decision to reserve the specified plot for the company's industrial use.

The offer is documented and subject to further contractual formalities. The offer represents a land allocation opportunity at this stage.

Plot Specifications and Boundaries

The plot is identified as Plot No. 4-3, Sector No. 25, with an area of 127,285.98 square metres, equivalent to approximately 31.45 acres, situated at AURIC Bidkin Industrial Area, District Chhatrapati Sambhaji Nagar, Maharashtra.

No detailed boundary coordinates, survey numbers, or subdivision details were disclosed in the public filing, in line with standard stock exchange disclosure norms.

Intended Industrial Purpose

The company plans to use the industrial land for setting up a CRM (Copper Rod Mill) project. The company has not provided further project details, including proposed investment, capacity, implementation timeline or expected commercial contribution from the project in the disclosure.

Practical Effect as of September 2026

This Offer Letter represents MITL's administrative decision to offer the specified plot to Godawari Power & Ispat for industrial development under the DMIC framework. As of September 2026, the decision effect is:

• Plot reserved for the applicant company subject to acceptance and execution of formal allotment agreement
• No public pricing, terms of payment, or development conditions disclosed at offer stage
• Company must respond to the offer within a timeframe specified in the original letter (not disclosed in stock exchange filings)
• Formal possession and title transfer contingent on execution of full allotment deed and compliance with MITL's industrial township norms

MITL's authority to issue this offer derives from its role as development and land administration authority for AURIC under the joint MIDC–NICDC structure.

Regulatory Filing and Transparency

This offer was disclosed to the BSE and NSE by Godawari Power & Ispat pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company, being listed, is required to inform stock exchanges of material corporate events, of which a land acquisition opportunity qualifies.