Goodluck India appointed Ashok Kumar Vashisht as Group Chief Financial Officer effective September 5, 2026. The Board of Directors also approved altering the Memorandum of Association to include consultancy services.

The appointment was approved during a board meeting held on September 5, 2026, which commenced at 11:30 am and concluded at 12:15 pm. The decision was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Executive Profile

Mr. Vashisht is a Chartered Management Accountant and Fellow Member of CIMA UK. He holds CGMA credentials from CIMA UK and AICPA USA, is an Associate Member of The Institute of Company Secretaries of India, and a Fellow Member of CPA Australia.

He brings more than 28 years of professional corporate experience from multinational corporations. His previous roles include positions at GlaxoSmithKline, EPL Ltd., Reliance Industries Ltd., SMA Solar, and Tubacex Group.

His expertise covers finance strategy, financial planning and analysis, direct and indirect taxation, strategic cost management, project management, statutory audits, internal audits, governance, and risk management.

Strategic Expansion

The Board approved the alteration of the Main Objects Clause of the Memorandum of Association. This change inserts a new Clause 4 under Part III (A) to allow the company to provide, render, and manage consultancy, advisory, operational, and technical services across various sectors.

This alteration requires approval from members and other regulatory authorities.

Goodluck India Limited has confirmed the allotment of 6,64,77,018 equity shares as fully paid-up bonus shares to eligible shareholders. The Bonus Committee approved the allotment in a meeting held on August 24, 2026.

The issuance follows the record date of August 21, 2026, with shares allotted in a 2:1 ratio. Each new share carries a face value of ₹2. The company capitalized ₹13,29,54,036 from its Securities Premium Account to fund the issue.

Capital Structure Update

The paid-up equity share capital of Goodluck India has increased significantly following the bonus issue. The pre-issue capital stood at ₹6,64,77,018, divided into 3,32,38,509 equity shares of ₹2 each. Post-issue, the capital rises to ₹19,94,31,054, comprising 9,97,15,527 equity shares of ₹2 each.

Allotment and Trading Details

In compliance with SEBI circular no. CIR/CFD/PoD/2024/122 dated September 16, 2024, the deemed date of allotment is Monday, August 24, 2026 (T+1 Day). The newly issued bonus shares will be credited to beneficiary accounts in dematerialized form. For shareholders holding physical shares as on the record date, the company will credit shares to a separate demat suspense account until transferred.

Trading for the bonus shares will commence on Tuesday, August 25, 2026 (T+2 Day), on both the Bombay Stock Exchange and the National Stock Exchange of India. The bonus shares rank pari-passu with existing equity shares in all respects.

Abhishek Agrawal, Company Secretary, signed the intimation to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.