Corporate News 04-Oct-23
Goodluck India to invest Rs 40 cr in new subsidiary - Goodluck Defence and Aerospace
Goodluck India announced its plans to capitalise upon the ever-growing opportunities in the Defence and Aerospace sectors, through its wholly owned subsidiary - Goodluck Defence and Aerospace. This subsidiary was incorporated on 31 August 2023. The company's main object is to carry out the business of forging, machining, treatment and coating of steel, stainless and special steel, alloys or any other metal by open forging, die forging, robotic forging or any other method. The company has not started its business yet. The company will invest Rs 40 crore from fund raising through proposed preferential issue of shares and warrants to promoter category.
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