Goodluck India Limited Board Approves 2:1 Bonus Issue, Corporate Restructuring and Rs 275 Crore Guarantee

Goodluck India Limited Board Approves 2:1 Bonus Issue, Corporate Restructuring and Rs 275 Crore Guarantee​

Goodluck India Limited announced several key decisions following its Board of Directors meeting held on July 11, 2026. The board approved a proposed bonus issue for equity shares, adjusted the final dividend recommendation in light of the bonus, granted an in-principle approval for corporate restructuring, and provided a Corporate Guarantee for a substantial loan taken by its subsidiary, Goodluck Defence and Aerospace Limited.

The Board meeting reviewed multiple strategic matters, including the issuance of new shares and the financial security of subsidiaries, all aimed at future expansion and consolidation within the company structure.

Bonus Issue Details and Capital Structure​

The Directors approved the recommendation for a Bonus Issue of Equity Shares in the ratio of 2:1. Under this proposal, two bonus equity shares (fully paid up) of Rs. 2/- each will be issued for every one existing equity share of Rs. 2/- held by shareholders as on the record date.

The Board also approved the Postal Ballot Notice required to seek shareholder approval for the proposed bonus issue and appointed National Securities Depository Limited (NSDL) to manage the remote e-voting facility. The estimated completion period for the issuance is two months from the board meeting, setting a deadline of September 10, 2026.

Key financial details regarding the proposed bonus issue are detailed below:


The proposal requires the utilization of Rs. 1329.54 lakh from the Securities Premium Account for the bonus issue. The balance in the securities premium account as of the financial year ended March 31, 2026, stands at Rs. 4,82,78.13 lakhs.

Dividend Adjustment and Corporate Strategy​

The Board made an adjustment to the final dividend amount previously recommended for the financial year 2025-26. Earlier, in a meeting held on May 26, 2026, the board had suggested a final dividend of Rs. 3.00 per equity share for the fiscal year ended March 31, 2026.

In consideration of the proposed 2:1 bonus issue, the Board has adjusted the amount of the final dividend to Re. 1.00 per equity share for FY 2025-26, pending the successful implementation and approval of the bonus issue by the members via postal ballot.

Restructuring and Subsidiary Guarantee​

The directors also gave in-principle approval to a corporate restructuring proposal. This initiative includes the amalgamation of Goodluck Green Energy Limited into the Company, along with other necessary corporate actions. The detailed terms and financial implications of this proposed restructuring will be disclosed after formal board approval.

Furthermore, the Board considered and approved providing a Corporate Guarantee related to a project loan for Goodluck Defence and Aerospace Limited, a material subsidiary. The guarantee is provided in favour of HDFC Bank Ltd. for a term loan amounting to Rs 275.00 crores. This facility, which supports the subsidiary’s business expansion, was granted as one condition precedent by the bank. Under the terms, the Company is contingent liable to repay the debt should the borrower default.

VIKASECO Stock Price Movement​

On Friday, shares of Vikas EcoTech Limited edged higher, rallying by 1.68% and settling at ₹1.21.The stock saw robust activity as it closed, with over 2 million shares traded during the session.