Investment6 Aug 2026, 02:30 pm
Goodluck Defence to Raise ₹285 Cr via Preferential Allotment
AI Summary
Goodluck Defence and Aerospace Limited, a subsidiary of Goodluck India Limited, has approved a preferential and private placement to raise up to ₹285 crores. The equity shares will be issued to non-promoter category individuals at ₹375 per share, including a premium of ₹365. This fundraising initiative is subject to shareholder approval and other necessary regulatory clearances. The funds are intended to support the company's growth and operational expansion.
Key Highlights
- Subsidiary plans to raise ₹285 Cr via preferential allotment.
- Issue price set at ₹375 per share, with a ₹365 premium.
- Funds to be raised from non-promoter category investors.
- Requires shareholder and regulatory approvals.
- Aims to bolster company's financial resources for growth.
Price Impact
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