Goodluck India Confirms No Encumbrance Over Promoter Shares in FY26

1 min read     Updated on 30 Apr 2026, 08:14 AM
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AI Summary

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 Day5 Days1 Month6 Months1 Year5 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?

Goodluck India Limited Submits SEBI Compliance Certificate for Q4 FY26

1 min read     Updated on 07 Apr 2026, 07:19 PM
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Goodluck India Limited filed its Q4 FY26 certificate under SEBI Regulation 74(5) on April 7, 2026, confirming compliance with dematerialization procedures for the quarter ended March 31, 2026. The certificate, supported by confirmation from registrar MAS Services Limited, validates that all securities received for dematerialization were processed within regulatory timelines and proper procedures were followed for physical certificate handling and register updates.

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Goodluck India Limited has submitted its quarterly compliance certificate to the Bombay Stock Exchange and National Stock Exchange of India, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The company filed its certificate under Regulation 74(5) on April 7, 2026, covering the quarter ended March 31, 2026. This mandatory filing confirms the proper handling of dematerialization requests received during the reporting period.

Filing Details: Information
Filing Date: April 7, 2026
Quarter Covered: January 1, 2026 to March 31, 2026
Regulation: SEBI Regulation 74(5)
Stock Exchanges: BSE and NSE

Dematerialization Process Confirmation

The certificate confirms that all securities received from depository participants for dematerialization during the quarter were processed within the regulatory timeframe. MAS Services Limited, serving as the company's registrar and share transfer agent, provided the underlying confirmation certificate dated April 2, 2026.

Key compliance confirmations include:

  • All dematerialization requests were confirmed (accepted/rejected) to depositories within 15 days of receipt
  • Physical security certificates were properly mutilated and cancelled after verification
  • Depository names were substituted in the register of members as registered owners
  • All updates were communicated to depositories and stock exchanges within prescribed timelines

Registrar and Transfer Agent Role

MAS Services Limited, with registered office at T-34 Second Floor, Okhla Industrial Area Phase-II, New Delhi, executed the dematerialization procedures. The registrar confirmed that the register of members was updated appropriately for all processed transactions.

Corporate Governance

The filing was signed by Ramesh Chandra Garg, Director (DIN: 00298129), demonstrating the company's commitment to regulatory compliance and transparent corporate governance practices. This quarterly certification ensures investor confidence in the integrity of the company's share transfer and dematerialization processes.

Historical Stock Returns for Goodluck India

1 Day5 Days1 Month6 Months1 Year5 Years
-1.71%+1.67%+28.03%+0.04%+68.61%+1,230.49%

Will Goodluck India's consistent regulatory compliance improve its ESG ratings and attract institutional investors?

How might the company's strong governance practices position it for potential index inclusions or upgrades?

Could this compliance track record facilitate Goodluck India's access to capital markets for future fundraising activities?

More News on Goodluck India

1 Year Returns:+68.61%