Goodluck India Confirms No Encumbrance Over Promoter Shares in FY26
Goodluck India Limited submitted a disclosure to the Bombay Stock Exchange and National Stock Exchange confirming that promoters and persons acting in concert have not created any encumbrance over shares held directly or indirectly during the financial year ended March 31, 2026. The disclosure was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company listed 45 entities as promoters and persons acting in concert, including various HUFs and individuals from the Garg and Agarwal families, along with Avrums India Private Limited. The shares of Goodluck India Limited are listed on both BSE Limited and National Stock Exchange of India Limited.

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goodluck india has submitted a disclosure to the Bombay Stock Exchange and National Stock Exchange confirming that promoters and persons acting in concert have not created any encumbrance over shares held directly or indirectly during the financial year ended March 31, 2026. The disclosure was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The declaration, dated April 03, 2026, was addressed to the managers of both stock exchanges and signed by an authorized signatory on behalf of the promoter and persons acting in concert. The company confirmed that neither the promoters nor the persons acting in concert had made any encumbrance over their shareholdings during the specified financial year.
Promoters and Persons Acting in Concert
The disclosure includes a comprehensive list of 45 entities identified as promoters and persons acting in concert with the acquirer. The list comprises various Hindu Undivided Families (HUFs), individuals, and corporate entities associated with the Garg and Agarwal families:
| Category | Entity Names |
|---|---|
| HUFs | M C Garg and Sons HUF, Manish Garg and Sons HUF, R C Garg and Sons HUF, Anil Kumar and Sons HUF, Sunil Kumar and Sons HUF, Sushil Kumar and Sons HUF, Munni Lal and Sons HUF, Ashish Garg and Sons HUF, Umesh Garg & Sons HUF |
| Individuals | Mahesh Chand Garg, Manish Garg, Neeta Garg, Shikha Garg, Mithlesh Garg, Ramesh Chandra Garg, Umesh Garg, Anju Garg, Nitin Garg, Rajat Garg, Saras Garg, Savitri Devi, Sudha Garg, Sunil Kumar Garg, Sushil Kumar Garg, Tushar Garg, Parul Garg, Ritu Garg, Radhika Garg, Ankita Agarwal, Archana Agarwal, Kanak Lata, Ram Agarwal, Dhruv Aggarwal, Shyam Agrawal, Ashish Garg, Rajiv Garg, Reena Garg, Sapna Garg, Rishabh Garg, Harsh Garg, Swati Bansal, Shruti Aggarwal, Bhavya Garg |
| Corporate Entity | Avrums India Private Limited |
Stock Exchange Listing
Goodluck India Limited's shares are listed on both major stock exchanges in India:
| Stock Exchange | Name |
|---|---|
| 1 | BSE Limited |
| 2 | National Stock Exchange of India Limited |
The disclosure was sent to the corporate relations department of BSE and the takeover department of NSE, with a copy marked to the Audit Committee of Goodluck India Limited at its registered office in New Delhi.
Historical Stock Returns for Goodluck India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.71% | +1.67% | +28.03% | +0.04% | +68.61% | +1,230.49% |
Will Goodluck India's promoters consider pledging shares for future expansion financing given their current unencumbered position?
How might the complex 45-entity promoter structure impact potential merger or acquisition discussions in the coming quarters?
Could this clean shareholding position signal upcoming strategic initiatives or capital restructuring plans by the promoter group?


































