Outcome of Board Meeting

Dated: 28thOctober, 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: Outcome of the Board Meeting held on 28thOctober, 2026. Reference: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30, 33, read with Schedule III and any other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we wish to inform that the Board of Directors of the Company at its meeting held on today i.e. Wednesday, 28th October, 2026 started at 11:30 A.M. (IST) and concluded at 3:20 P.M. (IST)inter-alia considered and approved the following: 1. Appointment of M/s. Raj Kaushik & Associates, Cost Accountants, (Firm Registration No. 100574), as Cost Auditor of the Company to fill the casual vacancy arising due to the demise of the existing Cost Auditor. The requisite details are enclosed as Annexure A. 2. Un-audited Financial Results of the Company (Standalone and Consolidated), for the quarter and half year ended September 30, 2026, together with the Limited Review Reports of the Statutory Auditors thereon attached as Annexure C. 3. Approval for shifting of registered office of the Company, from the Union Territory of Delhi to state of Uttarakhand subject to compliance with the applicable provisions of the Companies Act, 2013, the rules made thereunder and other applicable laws 4. Approval for the amendment in the main object clause of the Memorandum of Association of the company by adding the objects related to undertake and carry on the business of design, development, manufacture, supply, dealing, operating, trading, import, export and service of all kinds of defence and non- defence systems etc and to manufacture, produce, process, refine, store, distribute, transport, supply, trade, import, export, buy, sell and otherwise deal in hydrogen in all forms, its by-products, derivatives, compounds, mixtures, allied gases, chemicals, substances and hydrogen-based fuels, subject to compliance with the applicable provisions of the Companies Act, 2013, the rules made thereunder and other applicable laws 5. In continuation of the Company's earlier intimation dated August 6, 2026, the Board of Directors of Goodluck Defence and Aerospace Limited, a material subsidiary of the Company, has approved the addition of Aerospace Components as a new line of business activity within the overall capital outlay previously approved by its Board of Directors. The requisite details are enclosed as Annexure B. A Press release in regard to financial performance of the Company for the Q2 FY 2026-27 is also attached as Annexure D. The requisite details pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI Master Circular bearing reference no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are provided below. This is for your information and record. Thanking You For Goodluck India Limited (Abhishek Agrawal) Company Secretary M.No. A20983. Encl: as above Annexure A Details pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI Master Circular bearing reference no. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026 Particulars Details reason for change viz. appointment, re- Appointment appointment, resignation, removal, death or otherwise; Date of appointment & term of appointment 28th October, 2026 & for financial year 2026-27 Brief profile (in case of appointment) M/s Raj Kaushik & Associates is a partnership firm of Cost Accountants established in 2006, having its head office in New Delhi and branch offices in Ghaziabad and Saharanpur (Uttar Pradesh), Rishikesh (Uttarakhand) and Sonipat (Haryana). The firm provides professional services in various areas, including cost audit, stock audit, internal audit, concurrent audit, compliance audit, information systems audit and corporate consultancy. The firm focuses on statutory compliance, cost optimisation, improvement in productivity and operational efficiency, and process improvement. It has a team of experienced and qualified professionals providing services across diverse sectors. Disclosure of relationships between directors Not Applicable (in case of appointment of a director) Annexure B Details pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI Master Circular bearing reference no. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026 S.no. Particulars Details a) industry or area to which the new Aerospace Components line of business belongs to b) expected benefits Approximately Rs. 180 Crores c) estimated amount to be invested Approximately Rs. 80 Crores Annexure-C Annexure-D Goodluck India Limited Q2 & H1 FY27 Earnings Consolidated Growth: Revenue +38%, EBITDA +31% Supported by Strong Volume Momentum 28th August 2026: Goodluck India Limited, a leading manufacturer of precision-engineered steel products and a growing player in defence manufacturing through its subsidiary Goodluck Defence and Aerospace Limited (GDAL), today announced its financial performance for the quarter and half year ended 30 September 2026 (Q2 & H1 FY27). Key Financial Performance Highlights (Consolidated) Particulars (INR Mn) Q2’FY27 Q2’FY26 YoY% H1’FY27 H1’FY26 YoY% Volume 1,33,374 1,12,937 18.1 2,56,093 2,25,678 13.5 Total Income 13,740.5 9,975.9 37.7 26,662.7 19,844.3 34.4 EBITDA 1,274.9 980.2 30.7 2,671.5 1,938.2 37.8 Net Profit 506.7 426.4 18.8 1,178.8 827.9 42.4 EBITDA Margin (%) 9.3 9.8 -55 bps 10.0 9.8 +25 bps PAT Margin (%) 3.7 4.3 -59 bps 4.4 4.2 +25 bps o Revenue growth was supported by volume growth of 18% led by higher sales of value-added products. o Export revenue grew by ~38% YoY and contributed ~28% of total revenue during the half year, reflecting continued expansion of the Company’s global footprint across more than 100 countries. o In standalone, EBITDA was impacted due to higher fuel cost and global freight costs led by the current geopolitical scenario. o In consolidated, defence order is currently under production with the initial phase comprising trial runs, testing and validation activities as per applicable requirements. Accordingly, revenue contribution is expected in the latter part of the current financial year. Key Strategic Developments: Goodluck Defence and Aerospace Emerges as Sole Technically Qualified Bidder for specialised 155 mm HE M1A4 Ready-to-Fill Artillery Shells o Goodluck Defence and Aerospace Limited (GDAL) 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, following the audit and technical evaluation of existing suppliers in India. o The development marks an important step in GDAL's defence manufacturing journey and highlights its manufacturing capabilities, technical competence and quality standards in meeting specialised defence- sector requirements. Proposed Amalgamation to Create a clear Integrated Corporate Structure Annexure-D o The Board of Directors accorded in-principle approval to expand the scope of the proposed corporate restructuring amalgamate Goodluck Defence and Aerospace Limited and Goodluck Green Energy Limited with and into Goodluck India Limited. o The proposed consolidation is intended to strengthen the Company's corporate structure, align the strategic interests of its businesses and support an integrated oversight of its engineering, defence and green energy operations. o The detailed terms, structure and financial implications of the proposed scheme remain under evaluation. [Showing first 8,000 characters — download PDF for full document]