Subsidiary Goodluck Defense and Aerospace issues more equity to non-promoters

Fund Raising 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

+3.0%Reaction day

₹1494.00

prior close

₹1492.90

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+2.7% vs market

Iron & Steel Products peers, median of 99sector-0.5%+3.5% vs sector

On the reaction day the stock moved 2.7 pts more than Nifty Microcap 250 and 3.5 pts more 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

Stock

-0.1

10m

-0.3

15m

+0.2

30m

+1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.0+0.4+2.7-0.5+3.5

Next day

+0.9+0.4+0.5-0.8+1.7

-0.8+0.3-1.1+0.0-0.8

-10.5+0.2-10.7-1.0-9.5

-12.7+0.5-13.2-1.0-11.7

-15.0+0.7-15.7-1.6-13.4

-12.5+0.9-13.4-1.5-11.0

15d

-71.2+1.6-72.8+0.1-71.2

-67.9+2.4-70.3-0.8-67.2

-67.1+1.1-68.3+0.6-67.8

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UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 99Pending

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

AI summary

Goodluck India told the exchange that its subsidiary Goodluck Defense and Aerospace Limited is issuing additional equity shares to non-promoter category persons through preferential allotment and private placement. The filing does not disclose pricing, valuation, the number of shares, or the identities of the allottees.

Likely market impact

Likely equity dilution in the subsidiary arm; signals active fundraising, but limited info for shareholders right now.