Goodluck India Wins USD 13.6 Mn Export Order

1 min read     Updated on 23 May 2026, 12:08 PM
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AI Summary

Goodluck India Limited has secured a significant export order valued at USD 13.6 Mn from an EPC player in Nepal for the supply of 14,500 MT of galvanized steel tower structures and fasteners for a 400 kV Double Circuit Transmission Line project. The order, classified as the largest ever in this division, is deliverable-based and is to be executed over 18 months. The company's Chairman highlighted that this order strengthens its international presence and reflects its manufacturing capabilities.

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Goodluck India Limited has secured a major export order valued at USD 13.6 Mn for the supply of transmission line structures. The order was received from an EPC player in Nepal and covers the manufacturing and supply of approximately 14,500 MT of galvanized steel tower structures and fasteners for a 400 kV Double Circuit (D/C) Transmission Line project.

Order Details

The scope of work encompasses manufacturing, prototype assembly, fabrication, galvanizing, bundling, and shipment of galvanized lattice steel towers along with fasteners. The company has classified this as its largest ever order within this specific business division. The execution of the contract is expected to be carried out in phases according to the project schedule agreed upon with the customer.

Parameter Details
Order Quantity Approx. 14,500 MT
Contract Value USD 13.6 Mn
Execution Period 18 Months
Nature of Order Deliverable Base
Entity Type International Entity

Strategic Implications

Commenting on the development, Mr. Mahesh Chandra Garg, Chairman of Goodluck India Limited, stated that the order strengthens the company's presence in the international infrastructure market. He highlighted that the contract reflects the firm's manufacturing capabilities, quality standards, and execution track record. The company remains focused on supporting infrastructure development across the region.

Company Profile

Founded in 1986, Goodluck India Limited is an engineering solutions provider specializing in Defence Products, High-End Forgings, and Heavy Fabrication of Steel Structures. The company operates six state-of-the-art manufacturing plants across Uttar Pradesh and Gujarat with a total capacity of 5,00,000 MTPA. It serves over 600 customers globally, exporting to more than 100 countries.

Historical Stock Returns for Goodluck India

1 Day5 Days1 Month6 Months1 Year5 Years
+1.80%-0.20%+2.44%+21.96%+39.90%+1,111.51%

Could this Nepal transmission line project serve as a gateway for Goodluck India to secure additional power infrastructure contracts across South Asia and emerging markets?

How might the successful execution of this 18-month contract impact Goodluck India's order book and revenue guidance for the next two fiscal years?

With India's growing push for regional energy connectivity under initiatives like SAARC energy grids, could Goodluck India benefit from cross-border transmission infrastructure projects in Bangladesh, Bhutan, or Sri Lanka?

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
+1.80%-0.20%+2.44%+21.96%+39.90%+1,111.51%

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?

More News on Goodluck India

1 Year Returns:+39.90%