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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 Expands Restructuring To Merge Defence Subsidiary And Green Energy
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