Event Date: April 1, 2025
This is in continuation of the earlier announcement dated December 19th, 2023, from Goodluck India Limited, announcing the establishment of a new facility by its subsidiary company in Sikandarabad, district Bulandshahr, Uttar Pradesh, India. This facility aims to cater to the extensive needs of the Defence & Aerospace Industry. The new facility will carry out forging, machining, treatment, and coating of steel, stainless and special steel, alloys, or any other metal through various methods including open forging, die forging, robotic forging, or other methods. The investment for the new facility is approximately 216.50 crore, funded by equity and debt, and will have a production capacity of approximately 11000 MT per annum. The company also announces the erection of machineries has started, and they expect trail production to begin by Q1 of FY 2025-26. The notice is addressed to The Manager, DCS, The Bombay Stock Exchange Ltd. and The Manager, National Stock Exchange of India Ltd. and is for information and record. The Scrip Code for Bombay Stock Exchange is 530655 and for National Stock Exchange is GOODLUCK. The announcement is signed by Mahesh Chandra Garg, Director, Goodluck India Limited.
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