ALPHA TRIBE

Goodluck India LimitedOthers, 06-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

06-02-2025 | 05:06 pm

Goodluck India Limited has submitted a Statement of Deviation/Variation for fund utilization from its recent preferential issue, confirming no deviations in the use of the raised funds totaling ₹66 cr. The funds are allocated for repayment of debts, capital expenditure, and investments in Goodluck Defence and Aerospace Ltd. The Audit Committee has verified that the funds were utilized as outlined in the Extraordinary General Meeting Notice. This clear compliance may enhance investor confidence, indicating strong governance and potential for strategic growth without financial mismanagement.

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