Goodluck India Limited (GOODLUCK) — Corporate Action

📢 Key Event
Board approved 2:1 bonus issue and adjusted dividend post-bonus

🔄 What Changed
Bonus issue ratio of 2:1, dividend adjusted to Re. 1.00 per share, corporate guarantee of Rs. 275 crore approved

🔮 What's Next
Bonus shares to be credited by September 10, 2026

💡 Investor Takeaway
Shareholders will receive two new shares for every existing share, increasing holdings proportionally.

Goodluck India announced a 2:1 bonus issue of equity shares on July 11, 2026, with record date to be notified. The board adjusted the proposed final dividend to Re. 1.00 per share post-bonus, approved corporate restructuring involving amalgamation of Goodluck Green Energy, and sanctioned a corporate guarantee for a Rs. 275 crore loan to its subsidiary. Shareholders will receive two new shares for every existing one, with shares to be credited by September 10, 2026. The bonus will be funded from the Securities Premium Account, utilizing Rs. 1329.54 lakh. The corporate guarantee is contingent and arm's length. The board also approved remote e-voting via NSDL for shareholder approval. The bonus issue will increase paid-up capital to Rs. 19.94 crore from Rs. 6.65 crore.

📄 View Original Announcement (PDF)

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