Goodluck India has scheduled its 40th Annual General Meeting (AGM) for Wednesday, September 30, 2026. The meeting will be held via Video Conferencing or Other Audio Visual Means to transact ordinary and special business.

The Board of Directors has recommended a final dividend of ₹1 per equity share of face value ₹2 each for the financial year ended March 31, 2026. This recommendation follows the approval of a 2:1 bonus share issue earlier in August 2026, which increased the total equity shares from 3,32,38,509 to 9,97,15,527. Consequently, while the dividend per share was adjusted from ₹3 to ₹1, the aggregate dividend outlay remains unchanged at ₹9,97,15,527.

What the Numbers Show

The adjustment in the dividend per share highlights the direct impact of the capital structure change on shareholder returns. Despite the threefold increase in the number of outstanding shares due to the bonus issue, the company maintains a constant total payout commitment of nearly ₹10 crore. This indicates that the dividend policy is anchored to a fixed absolute outlay rather than a variable percentage of earnings or a fixed per-share yield post-bonus.

Key Agenda Items

Shareholders will vote on several special resolutions regarding management remuneration and related-party transactions:

• Director Remuneration Revisions: The overall monthly remuneration limits for Whole-time Directors Mahesh Chandra Garg and Ramesh Chandra Garg are proposed to be revised to ₹62.50 lakh each. Nitin Garg’s limit is set at ₹50 lakh per month. These revisions apply for the remaining tenure until September 30, 2029.
• Management Pay Caps: The monthly remuneration limits for Chief Operating Officer Manish Garg and Senior Management Executive Umesh Garg are both capped at ₹50 lakh per month. These appointments fall under Section 188 of the Companies Act, 2013, as they involve relatives of key managerial personnel.
• Related-Party Loan Facility: Shareholders will decide on authorizing the Board to advance loans, guarantees, or security up to an aggregate amount of ₹150 crore to Excellent Fincap Private Limited during FY27. The funds are intended for the principal business activities of the borrowing entity.
• Cost Auditor Appointment: The ratification of remuneration of ₹75,000 plus out-of-pocket expenses for Cost Auditor Mr. Surender Rai Kapur for FY27 is on the agenda.
• Object Clause Alteration: A special resolution seeks approval to alter the Memorandum of Association to include consultancy, advisory, operational, and technical services across various sectors.

Voting and Logistics

The e-voting period commences on Sunday, September 27, 2026, at 9:00 am and ends on Tuesday, September 29, 2026, at 5:00 pm. The record date for determining eligibility for the final dividend is Wednesday, September 23, 2026. Dividend payment is scheduled for Thursday, October 29, 2026, subject to AGM approval.

Goodluck India appointed Ashok Kumar Vashisht as Group Chief Financial Officer effective September 5, 2026. The Board of Directors also approved altering the Memorandum of Association to include consultancy services.

The appointment was approved during a board meeting held on September 5, 2026, which commenced at 11:30 am and concluded at 12:15 pm. The decision was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Executive Profile

Mr. Vashisht is a Chartered Management Accountant and Fellow Member of CIMA UK. He holds CGMA credentials from CIMA UK and AICPA USA, is an Associate Member of The Institute of Company Secretaries of India, and a Fellow Member of CPA Australia.

He brings more than 28 years of professional corporate experience from multinational corporations. His previous roles include positions at GlaxoSmithKline, EPL Ltd., Reliance Industries Ltd., SMA Solar, and Tubacex Group.

His expertise covers finance strategy, financial planning and analysis, direct and indirect taxation, strategic cost management, project management, statutory audits, internal audits, governance, and risk management.

Strategic Expansion

The Board approved the alteration of the Main Objects Clause of the Memorandum of Association. This change inserts a new Clause 4 under Part III (A) to allow the company to provide, render, and manage consultancy, advisory, operational, and technical services across various sectors.

This alteration requires approval from members and other regulatory authorities.