What was approved
Goodluck India Limited told the exchanges that the board of its subsidiary, Goodluck Defense and Aerospace Limited, met on 6 August 2026 and approved a further issue of equity shares to persons in the non-promoter category through preferential and private placement. The issue price and premium per share are set out in the key numbers below.
What still has to happen
The approval is a board-level decision. Per the filing, it remains subject to the approval of the subsidiary's shareholders and to such other statutory, regulatory and other approvals, permissions and sanctions as may be required under applicable law. The raise sits at the subsidiary level rather than at the listed parent, with shares offered to non-promoter investors.