Goodluck India postal ballot: shareholders to vote on shift to Uttarakhand

Goodluck India Limited has launched a postal ballot process to seek shareholder approval for three corporate matters, including a change in its registered office state. The notice has been filed under Regulation 30 of the SEBI Listing Regulations.

There is no buyback, bonus issue or dividend proposed in this postal ballot. The resolutions relate to amendments in the Memorandum of Association, shifting of the registered office and ratification of cost auditor remuneration.

Key terms

• Cut‑off date for eligibility: Friday, 30th October, 2026 (Register of Members / Beneficial Owners)
• E‑voting start: Tuesday, 3rd November, 2026 at 9:00 A.M. (IST)
• E‑voting end: Wednesday, 2nd December, 2026 at 5:00 P.M. (IST)
• Deemed date of passing resolutions: 2nd December, 2026 (last date of remote e‑voting)
• Result declaration: On or before 4th December, 2026 (as stated in the covering letter and Notes)
• Cost auditor remuneration for FY 2026‑27: Rs. 1,00,000/- plus out‑of‑pocket expenses

According to the Postal Ballot Notice dated 28.10.2026 and the covering letter dated 2nd November, 2026, the Board of Directors approved the following items on 28th October, 2026, subject to shareholder and regulatory approvals:

1. Amendment to main object clause of the Memorandum of Association (MOA)

   • A Special Resolution (Item No. 1) seeks consent to insert new Clauses 5, 6, 7 and 8 under Part III (A) – “THE OBJECTS TO BE PURSUED BY THE COMPANY ON ITS INCORPORATION ARE:—” after the existing Clause 4.
   • The detailed text of Clauses 5 to 8 in the Postal Ballot Notice (Special Business section) covers proposed activities in defence, aerospace and allied engineering products, hydrogen gas and hydrogen‑based fuels, renewable and non‑conventional energy projects, and solar mounting and support structures, subject to applicable laws, licences and approvals.
   • In the Explanatory Statement for Item No. 1, the company states that the alterations are intended "to appropriately expand and align the Main Objects of the Company with its proposed business activities, diversification plans and emerging business opportunities" and to ensure the MOA "expressly provides for the aforesaid business activities" and related opportunities.

2. Shifting of registered office from Delhi to Uttarakhand

   • A Special Resolution (Item No. 2) proposes to shift the registered office "from the National Capital Territory of Delhi to the State of Uttarakhand" and to substitute Clause II of the MOA with: “II. The Registered Office of the Company will be situated in the State of Uttarakhand.”
   • As per the Explanatory Statement for Item No. 2, the company states that the move is part of a broader group‑level consolidation with Goodluck Defence and Aerospace Limited and Goodluck Green Energy Limited, aimed at "greater operational integration, administrative efficiency and effective coordination" and to align the corporate base with facilities at Rudrapur in the State of Uttarakhand.
   • The company clarifies that the proposed change of State of the registered office "is not, by itself, intended to result in any change in the nature of the business carried on by the Company."
   • The shift will be subject to confirmation by the Central Government, acting through the Regional Director, and other statutory approvals.

3. Ratification of cost auditor’s remuneration for FY 2026‑27

   • An Ordinary Resolution (Item No. 3) seeks member ratification of the remuneration of M/s Raj Kaushik & Associates (Firm Registration No. 100574) as Cost Auditor.
   • The Board had appointed the firm on 28th October, 2026 to fill a casual vacancy arising from the "sad and sudden demise" of the previous cost auditor, Mr. Surender Rai Kapur, as detailed in the Explanatory Statement for Item No. 3.
   • The proposed remuneration is Rs. 1,00,000/- (Rupees One Lakh) plus applicable taxes and reimbursement of actual out‑of‑pocket expenses for the financial year ending 31st March, 2027.

Who is eligible to vote and how

• Members whose names appear in the Register of Members / list of Beneficial Owners as on 30th October, 2026 and whose e‑mail IDs are registered with the company/depositories are entitled to vote on the resolutions, as stated in the Notes to the Postal Ballot Notice.
• Voting is only through remote e‑voting provided by NSDL; there is no physical ballot form and no voting by proxy.
• The detailed e‑voting process, including login methods for NSDL and CDSL demat holders and physical shareholders, is set out under "General information and instructions relating to e‑voting" in the Postal Ballot Notice.

The Scrutinizer, Sh. Ravi Shankar Sharma, Company Secretary in practice, C.P. No. 8007, will scrutinise the e‑voting and submit his report to the Chairman or an authorised person. The results will be communicated to BSE Limited and National Stock Exchange of India Limited and made available on www.goodluckindia.com and www.evoting.nsdl.com, as stated in the Notice.