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Defence subsidiary Goodluck Defence and Aerospace raised Rs276 crore via preferential allotment of 73.6 lakh shares at Rs375 each to non-promoters, reducing Goodluck India's stake to 69.08%. Proceeds fund working capital and capex as artillery shell capacity scales from 1,50,000 to 4,00,000 units p.a.
Goodluck India Seeks Approval For ₹150 Crore Related-Party Financial Assistance
Goodluck India Subsidiary Approves ₹285 Crore Preferential Equity Issue
Goodluck India Subsidiary Secures DGQA Certification For 155mm Artillery Shells
Goodluck India Board Recommends 2:1 Bonus, Guarantees Rs 275 Crore Loan
Goodluck India Board To Consider Bonus Issue And Restructuring On July 11