Goodluck India Sets 23 September 2026 Record Date for Final Dividend, Cut to ₹1 Per Share After 2:1 Bonus

Goodluck India Limited notified the exchanges of its 40th Annual General Meeting and the record date for its FY2025-26 final dividend. Per the filing, the record date for determining members' entitlement to the final dividend is Wednesday, 23 September 2026, with payment fixed for 29 October 2026, subject to shareholder approval at the AGM. The e-voting window runs from 27 September to 29 September 2026, and the meeting is to be held through video conferencing.

The detail worth reading closely is how the dividend interacts with a bonus issue. The Board originally recommended the final dividend on 26 May 2026. Following a bonus issue in the ratio of 2:1, approved by members on 14 August 2026, the company's share count roughly tripled. The company said the per-share dividend was adjusted downward correspondingly, so that the aggregate outlay is unchanged. In the filing's words, "the aggregate dividend outlay of ₹9,97,15,527/- remains unchanged" — the lower per-share figure is described as solely a mechanical consequence of the enlarged share base, not a cut in the total sum distributed.

Beyond the dividend, the notice puts several items to member vote: revisions to the overall remuneration limits of promoter whole-time directors and senior executives, ratification of the cost auditor's remuneration, a Section 185 authorisation to advance loans, give guarantees or provide security to related party Excellent Fincap Private Limited up to an aggregate of ₹150 crore during FY2026-27, and an alteration to the object clause of the Memorandum of Association to permit consultancy, advisory, operational and technical services across sectors. These are proposals put to a vote, not completed actions.