NSEPress Release2d ago · 12 Oct 2026, 08:29 pm

Press Release

Goodluck India Limited · GOODLUCK

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Goodluck India Limited's subsidiary, Goodluck Defence & Aerospace Ltd, has been approved as the sole eligible and technically qualified bidder for the supply of specialized 155 mm HE M1A4 Ready-to-Fill Artillery Shells to Munitions India Limited.

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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Goodluck India Limited has informed the Exchange regarding a press release dated October 12, 2026, titled "a press release regarding Goodluck Defence and Aerospace Limited, subsidiary of the Company, approved as the Sole Eligible & Technically Qualified Bidder for Specialized 155 mm HE M1A4 Ready-to-Fill Artillery Shells to Munitions India Limited .".

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GOODLUCK_12102026202927_Intimation_GDAL_Press_Release.pdf

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Date: October 12, 2026 The Manager, DCS The Manager The Bombay Stock Exchange Ltd. National Stock Exchange of India Ltd. Phiroze jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Mumbai Bandra (E), Mumbai – 400 051 Ref: Scrip Code: - 530655 Scrip Code: - GOODLUCK Sub: Press Release Dear Sir/ Madam, Please find enclosed herewith a press release regarding Goodluck Defence and Aerospace Limited, subsidiary of the Company, approved as the Sole Eligible & Technically Qualified Bidder for Specialized 155 mm HE M1A4 Ready-to-Fill Artillery Shells to Munitions India Limited. This is for your information and record. Thanking You For Goodluck India Limited (Abhishek Agrawal) Company Secretary M.No. A20983 Goodluck India Limited “Goodluck Defence approved as the Sole Eligible & Technically Qualified Bidder for Specialised 155 mm HE M1A4 Ready-to-Fill Artillery Shells to Munitions India Limited” 12th October, 2026 Goodluck India Ltd is pleased to announce that its subsidiary, Goodluck Defence & Aerospace Ltd (GDAL), has emerged as the sole technically qualified bidder for the supply of specialised 155 mm HE M1A4 Ready- to-Fill Artillery Shells to Munitions India Limited (MIL), following the audit and technical evaluation of various existing suppliers. The qualification underscores GDAL’s manufacturing capabilities, quality standards, and technical competence in meeting the specialised requirements of the defence sector. Following the evaluation process, GDAL has been identified as the only technically qualified supplier for this specialised product. This development represents an important milestone for Goodluck India Ltd and strengthens the company’s strategic presence in the defence manufacturing ecosystem. It also reinforces the company’s commitment to developing specialised manufacturing capabilities, adhering to stringent quality requirements, and contributing to India’s growing defence manufacturing capabilities under the Government of India’s Atmanirbhar Bharat initiative. This technical qualification positions Goodluck Defence & Aerospace Ltd favourably for potential business opportunities relating to 155 mm HE M1A4 Ready-to-Fill Artillery Shells, subject to applicable procurement procedures, commercial terms, contractual requirements, and orders from Munitions India Limited. Commenting on the development, Mr. Mahesh Chandra Garg, Chairman, Goodluck India Limited, stated " We are delighted that our subsidiary, Goodluck Defence & Aerospace Ltd, has been recognised as the sole technically qualified bidder for 155 mm HE M1A4 Ready-to-Fill Artillery Shells to Munitions India Limited following the audit and evaluation of various manufacturing plants. This achievement is a testament to our focus on technical excellence, manufacturing quality, and our commitment to meeting the demanding requirements of the defence sector. We view this qualification as an important strategic milestone in the development of our defence business. It reflects the capabilities we are building within the Group and our determination to participate meaningfully in India’s evolving defence manufacturing landscape. We remain committed to strengthening our manufacturing capabilities, maintaining the highest standards of quality and compliance, and creating sustainable long-term value for our stakeholders. We believe this achievement provides a strong foundation for exploring further opportunities in the defence sector while contributing to the nation’s vision of greater self-reliance in defence manufacturing." About Goodluck India Limited: Founded in 1986, Goodluck India Limited is a premier engineering solutions provider specializing in the manufacturing of Defence Products, High-End Forgings, Heavy Fabrication of Steel Structures for High Speed Railway Network and Infrastructure Projects, Automotive Tubing and Others. The company is led by first- generation techpreneur Mr. Mahesh Chandra Garg, an IIT Roorkee alumnus, and supported by three generations of professionally qualified family members, showcasing a legacy of over 40 years of industry excellence. Goodluck India has evolved from a traditional manufacturer to a diversified engineering solutions provider with a strong presence in high-growth sectors such as Automotive, Solar, Railways, Defence, and Infrastructure. The company’s diverse product portfolio ranges from ERW pipes to railway bridges, catering to industries like construction, oil & gas, renewable energy, and more. Its strategic involvement in emerging sectors, including Defence and active participation in India's first Bullet Train project, highlights its commitment to innovation and technological advancement. Operating six state-of-the-art manufacturing plants across Uttar Pradesh and Gujarat, with a total capacity of 5,00,000 MTPA (including 2,85,000 MTPA of high-margin value-added products), Goodluck India serves over 600 customers globally, exporting to more than 100 countries. In addition, the company’s subsidiary, Goodluck Defence & Aerospace Ltd, operates a dedicated defence manufacturing plant with an annual capacity of 1,50,000 shells and being further expanded to 400,000 shells per annum. The company employs over 4,000 professionals dedicated to maintaining the highest standards of quality and efficiency, backed by ISO 9001:2008 certification. Goodluck India continues to focus on driving growth through strategic investments in technology, product diversification, and expanding its global footprint, with a strong commitment to quality, innovation, and sustainability. For further information, please contact KAPTIFY® Consulting Investor Relations | Strategy | Consulting Goodluck India Limited E: contact@kaptify.in | M: +91-845 288 6099 E: investor@goodluckindia.com www.kaptify.in www.goodluckindia.com Disclaimer This document may contain certain forward-looking statements within the meaning of applicable securities law and regulations. These statements include descriptions regarding the intent, belief or current expectations of the Company or its directors and officers with respect to the results of operations and financial condition of the Company. Such forward‐looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those in such forward‐looking statements as a result of various factors and assumptions which the Company believes to be reasonable in light of its operating experience in recent years. Many factors could cause the actual results, performances, or achievements of the Company to be materially different from any future results, performances, or achievements. Significant factors that could make a difference to the Company’s operations include domestic and international economic conditions, changes in government regulations, tax regime and other statutes. The Company does not undertake to revise any forward‐ looking statement that may be made from time to time by or on behalf of the Company.