Goodluck India has approved a bonus issue of equity shares in the ratio of 2:1 — two fully paid-up bonus equity shares of ₹2 each for every one existing equity share of ₹2 each held by shareholders. The Board of Directors, which met on July 11, 2026, also revised the final dividend for the financial year ended March 31, 2026, to Re 1.00 per equity share from the previously recommended ₹3.00, subject to the implementation of the bonus issue. Additionally, the board approved a corporate guarantee of ₹275 crore for a subsidiary's project loan and granted in-principle approval for corporate restructuring.

Bonus Issue Details

The bonus issue will be funded from the Securities Premium Account, with the company planning to issue approximately 6,64,77,018 equity shares. The record date to determine shareholder eligibility will be intimated separately. 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 utilise ₹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.

Corporate Guarantee and Restructuring

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. The guarantee is required as collateral security for the loan facility intended for business expansion. Furthermore, the Board granted in-principle approval for corporate restructuring, which includes the amalgamation of Goodluck Green Energy Limited with and into the company.

Shareholder Approvals

The recommendations for the bonus issue and the adjusted dividend are subject to shareholder approval. The Board has approved the postal ballot notice for seeking shareholder consent and appointed National Securities Depository Limited (NSDL) as the agency for remote e-voting. Mr. Ravi Shankar Sharma, a practicing Company Secretary, has been appointed as the scrutinizer to ensure the process is conducted fairly and transparently.

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.