Sarda Energy & Minerals (NSE:SARDAEN, BOM:504614) acquired around 1.5 million shares, or 0.22% stake, in Godawari Power & Ispat (NSE:GPIL, BOM:532734) through purchases in the secondary market, according to a Friday filing.
The company bought the shares for 379.4 million Indian rupees, the filing said.
Godawari Power & Ispat is engaged in iron ore mining and production of iron ore pellets.