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Goodluck India shares rally 7% on 2:1 bonus issue announcement. How will dividend payout be impacted?

Markets-Economic Times · 2h ago · 🇮🇳 India
Goodluck India shares rally 7% on 2:1 bonus issue announcement. How will dividend payout be impacted?

Goodluck India shares surged up to 7% after the company announced its maiden 2:1 bonus issue. Alongside the bonus announcement, the board adjusted the proposed FY26 final dividend from Rs 3 per share to Re 1 per share. The stock also hit a fresh 52-week high during Monday's trading session.

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