
Subsidiary19 Aug 2026, 06:20 pm
Goodluck India Subsidiaries Struck Off Due to Non-Operation
AI Summary
Goodluck India Ltd announced the closure of its wholly-owned subsidiaries, GLS Engeneering India Limited and GLS Metallics India Limited. These entities have been struck off from the Register of Companies effective August 19, 2026, due to non-operation of business. The company stated that this closure will not have any material impact on its operations or financial position, and there is no change in shareholding or control. The closure is a result of winding up due to inactivity.
Key Highlights
- Two wholly-owned subsidiaries, GLS Engeneering and GLS Metallics, have been closed.
- Closure is effective August 19, 2026, due to non-operation of business.
- No material impact on Goodluck India's operations or financial position.
- No change in shareholding or control of the parent company.
Price Impact
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