Goodluck India approves 2:1 bonus and ₹275 crore guarantee for defence sector expansion

​Goodluck India Ltd has announced a dual-action strategy to reward shareholders and accelerate its high-growth subsidiary. The company board has approved a significant 2:1 bonus issue alongside a ₹275 crore corporate guarantee to HDFC Bank to fuel its defence and aerospace arm.

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Data Snapshot

• Bonus Issue Ratio: 2:1 (Two new shares for every one existing share)
• Corporate Guarantee: ₹275 crore for Goodluck Defence & Aerospace Private Limited
• Banking Partner: HDFC Bank
• Strategic Focus: Defence and Aerospace engineering segments