Goodluck India Limited — Others, 22-07-2025: Statement of deviation(s) or variation(s) under Reg. 32

Goodluck India announced the status of funds raised through its preferential issue. The company confirmed no deviation in the utilization of Rs. 66 Crore raised from issuing 11 lakh equity shares and an additional Rs. 7.50 Crore from 5 lakh warrants, totaling Rs. 73.50 Crore. All proceeds have been fully deployed as per the original plan for debt repayment, capital expenditure, and investment in its subsidiary, Goodluck Defence and Aerospace Ltd. This update assures investors that the funds were used entirely for their stated business objectives.