StockWatch
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Iron & Steel Products
Subsidiary25 Aug 2026, 10:57 am

Goodluck India Subsidiary GLS Steel India Struck Off

AI Summary

Goodluck India Ltd announced that its wholly-owned subsidiary, GLS Steel India Limited, has been struck off from the Register of Companies effective August 25, 2026. The closure is 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 subsidiary contributed nil to the company's turnover, revenue, income, and net worth in the last financial year.

Key Highlights

  • Wholly-owned subsidiary GLS Steel India Limited struck off.
  • Closure due to non-operation of business, effective August 25, 2026.
  • No material impact on Goodluck India's operations or financials.
  • Subsidiary contributed nil to previous financial year's performance.