Goodluck India has opened a postal ballot process to seek shareholder approval for a bonus issue of equity shares in the ratio of 2:1. The company will issue two fully paid-up bonus equity shares of ₹2 each for every one existing equity share of ₹2 each held. The voting process commences on July 16, 2026, at 9:00 A.M. (IST) and closes on August 14, 2026, at 5:00 P.M. (IST), with results expected to be declared on or before August 17, 2026.

Bonus Issue Details

The bonus issue will be funded by capitalizing ₹13,29,54,036 from the Securities Premium Account. The company plans to issue approximately 6,64,77,018 equity shares. The record date to determine shareholder eligibility will be determined by the Board of Directors. The issuance process is expected to be completed on or before September 10, 2026.

Capital Structure Impact

The bonus issue will significantly alter the company's equity capital structure. The paid-up equity share capital will increase from ₹6,64,77,018 to ₹19,94,31,054, divided into 9,97,15,527 equity shares of ₹2 each, fully paid-up. The company proposes to utilize ₹1,329.54 lakh from the Securities Premium Account for this purpose, against an available balance of ₹4,82,78.13 lakhs as per the audited financial statements for the year ended March 31, 2026.

Postal Ballot Process

The Board has appointed Sh. Ravi Shankar Sharma, a practicing Company Secretary, as the scrutinizer to ensure the process is conducted fairly. National Securities Depository Limited (NSDL) has been engaged to provide the remote e-voting facility. The notice is being sent electronically to members whose names appear in the Register of Members or in the list of Beneficial Owners as of the cut-off date, Friday, July 10, 2026. No physical copies of the notice or postal ballot forms will be dispatched.

Corporate Guarantee and Restructuring

In addition to the bonus issue, the Board approved the provision of a corporate guarantee to HDFC Bank for a project loan of ₹275 crore sought by its material subsidiary, Goodluck Defence and Aerospace Limited. Furthermore, the Board granted in-principle approval for corporate restructuring, which includes the amalgamation of Goodluck Green Energy Limited with and into the company. The final dividend for the financial year ended March 31, 2026, was revised to Re 1.00 per equity share from the previously recommended ₹3.00, subject to the implementation of the bonus issue.

Goodluck Defence and Aerospace Limited, a subsidiary of Goodluck India , has secured a domestic order worth approximately Rs 255 crore for the supply of 155mm long range empty shells. The order, received on June 19, 2026, is for manufacturing and delivering the ammunition in Ready to Fill Conditions. This development reinforces the company's presence in the defence sector through its subsidiary.

The contract is on a deliverable basis and is scheduled to be executed within 10 months as per the delivery schedule. The order is subject to successful inspection by the end user and requisite approvals from the competent authority. The identity of the entity awarding the order has not been disclosed due to confidentiality reasons.

Order Details

The key parameters of the order are summarised below:

The disclosure was made to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirmed that the promoter, promoter group, or group companies do not have any interest in the entity that awarded the order. Furthermore, the transaction does not fall within related party transactions.