Goodluck India Promoter Group to Gift 2.26% Shares

Goodluck India Limited's promoter group, through Mahesh Chandra Garg, has disclosed a proposed inter-se transfer of 22,56,774 equity shares, representing 2.26% of the company's voting rights. This transaction is structured as a gift among promoter group members and is exempt from open offer obligations under SEBI (SAST) Regulations, 2011, specifically Regulation 10(1)(a). The rationale behind this move is internal family reorganization, aiming to streamline succession and welfare. The acquisition is scheduled for September 25th, 2026, and is considered an off-market transaction. Shareholding patterns will be adjusted accordingly among various promoter group entities.