Only those shareholders who hold Goodluck India shares in their demat accounts as of Friday will be eligible to receive the bonus shares. As per Sebi's T+1 settlement cycle, investors must buy the company's shares at least one trading day before the record date for them to be credited to their demat accounts and qualify for the bonus issue. This makes today the last day to buy the stock to be eligible for the bonus shares.
All about Goodluck India’s bonus issue
Goodluck India in July announced its maiden bonus issue in the ratio of 2:1. Under the proposal, eligible shareholders will receive two bonus equity shares of face value Rs 2 each for every one equity share held as of the record date, which will be announced separately.A bonus issue consists of free shares distributed by a company from its reserves and is often seen as a sign of strong financial health and growth prospects. While the issue of bonus shares increases the total number of outstanding shares, it does not change the company’s market capitalisation. However, it can improve liquidity and affordability, allowing more investors to add shares of the company to their portfolio.
How will dividend payout be impacted?
Goodluck India in May had announced a final dividend of Rs 3 per share for the financial year ended March 31, 2026, subject to shareholders’ approval. In view of the 2:1 bonus issue, the company on Saturday said that its board has now adjusted the amount of final dividend to Re 1 per share.Also read |Goodluck India shares rally 7% on 2:1 bonus issue announcement. How will dividend payout be impacted?
Goodluck India share price
Goodluck India shares gained nearly 2% to close at Rs 1,355 apiece on Wednesday. The stock has gained around 4% in one week but fell 12% in one month. It is overall up more than 27% in 2026 so far.In the longer term, the shares of the company have delivered 36% returns over one year, 142% over three years and 387% in five years.
Also read |Swiggy to see $400 million outflows after Indian-owned status? Jefferies explains why
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