Goodluck Defence and Aerospace, which is currently trading at around ₹458 per share in the unlisted market, is set to raise approximately ₹285 crore from the Non-Promoter category through a preferential issue/private placement at ₹375 per share, including a face value of ₹10. The fund raise was approved at the company’s meeting held on 6 August 2026 and is primarily aimed at supporting the expansion of its empty-shell manufacturing capacity from 1,50,000 units to 4,00,000 units, adding 2,50,000 units of annual capacity. The expansion involves an estimated investment of around ₹500 crore and is expected to be completed by September 2027.

To support the expansion, Goodluck India has also approved a ₹275 crore corporate guarantee in favour of HDFC Bank for the term loan being raised by Goodluck Defence and Aerospace. In FY26, the business reported ₹46 crore revenue and ₹29 crore EBITDA, translating into a 63% EBITDA margin. Management expects margins to normalise to 30–35% as production scales and is targeting ₹250–300 crore revenue in FY27.