Goodluck India seeks approval for 2-for-1 bonus share issue via postal ballot

Bonus Above 1to1Corporate Actions View source PDF Explain this filing

GOODLUCK · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.4%Reaction day

₹1580.90

prior close

₹1590.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-1.0% vs market

Iron & Steel Products peers, median of 100sector-0.1%-0.3% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.3 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 100Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Goodluck India Limited has sent a postal ballot notice seeking shareholder approval to issue bonus shares in a 2-for-1 ratio (2 bonus shares for every 1 held). Company will capitalize about Rs. 13.29 crore from Securities Premium Account to issue 6.64 crore equity shares of Rs. 2 each. E-voting runs from July 16 to August 14, 2026, results to be declared on or before August 17. Record date to be determined by the Board later.

Likely market impact

If approved, shareholders get 2 free shares for each share held, tripling share count with no change in overall value. Await record date announcement.