Goodluck India 40th AGM Notice and Resolutions

Meeting Type: 40th Annual General Meeting
Date: Wednesday, 30th September, 2026
Time: 12:00 Noon (IST)
Location: Conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM) without physical presence
Record Date: Wednesday, 23rd September, 2026 for determining entitlement to final dividend
Dividend Payment Date: Thursday, 29th October, 2026

Item No. 1: Adoption of Financial Statements

To consider and adopt the Audited standalone and Consolidated Financial Statements for the financial year ended March 31, 2026
To adopt the Reports of the Board of Directors and Auditors thereon
Resolution Type: Ordinary Resolution

Item No. 2: Declaration of Final Dividend

To approve and confirm final dividend of 50% i.e. ₹1.00 per Equity Share of ₹2 each
Aggregate dividend outlay: ₹9,97,15,527/-
This follows a 2:1 bonus issue approved on August 14, 2026, which increased outstanding shares from 3,32,38,509 to 9,97,15,527 shares
Resolution Type: Ordinary Resolution

Item No. 3: Re-appointment of Director

To appoint Mr. Shambhu Nath Singh (DIN: 09847470) who retires by rotation and offers himself for re-appointment
Resolution Type: Ordinary Resolution

Item No. 4: Ratification of Cost Auditor's Remuneration

Ratification of remuneration of ₹75,000 plus out-of-pocket expenses payable to Mr. Surender Rai Kapur, Cost Accountant (Membership no. 4926)
For conducting Cost Audit for financial year 2026-27
Resolution Type: Ordinary Resolution

Item No. 5: Revision in Remuneration of Shri Mahesh Chandra Garg

Revision in overall limit of remuneration for Mr. Mahesh Chandra Garg (DIN: 00292437), Whole-time Director
New limit: ₹62,50,000 per month (revised from previous appointment approved at 38th AGM)
Effective from October 1, 2026 for remaining tenure till September 30, 2029
Resolution Type: Special Resolution

Item No. 6: Revision in Remuneration of Shri Ramesh Chandra Garg

Revision in overall limit of remuneration for Mr. Ramesh Chandra Garg (DIN: 00298129), Whole-time Director
New limit: ₹62,50,000 per month (revised from previous appointment approved at 38th AGM)
Effective from October 1, 2026 for remaining tenure till September 30, 2029
Resolution Type: Special Resolution

Item No. 7: Revision in Remuneration of Shri Nitin Garg

Revision in overall limit of remuneration for Mr. Nitin Garg (DIN: 02693146), Whole-time Director
New limit: ₹50,00,000 per month (revised from previous appointment approved at 38th AGM)
Effective from October 1, 2026 for remaining tenure till September 30, 2029
Resolution Type: Special Resolution

Item No. 8: Revision in Remuneration of Shri Manish Garg, COO

Approval for monthly remuneration not exceeding ₹50,00,000 to Mr. Manish Garg, COO
Mr. Manish Garg is a related party (Son of Mr. Mahesh Chandra Garg, Chairman)
Annual overall limit: ₹6.00 Crore for FY 2026-27
Resolution Type: Ordinary Resolution

Item No. 9: Revision in Remuneration of Shri Umesh Garg, Sr. Management Executive

Approval for monthly remuneration not exceeding ₹50,00,000 to Mr. Umesh Garg, Senior Management Executive
Mr. Umesh Garg is a related party (Son of Mr. Ramesh Chandra Garg, Whole-time Director)
Annual overall limit: ₹6.00 Crore for FY 2026-27
Resolution Type: Ordinary Resolution

Item No. 10: Approval for Loans/Guarantees to Excellent Fincap Private Limited

Authorization to advance loans/give guarantees/provide security to Excellent Fincap Private Limited (related party)
Aggregate amount not exceeding ₹150 Crores in one or more tranches during FY 2026-27
To be utilized for principal business activities
Resolution Type: Special Resolution

Item No. 11: Alteration of Object Clause of Memorandum of Association

Insertion of new Clause 4 under Part III (A) to enable business of providing consultancy, advisory, operational, and technical services across various sectors
Resolution Type: Special Resolution

E-voting Period: Sunday, September 27, 2026 (9:00 A.M.) to Tuesday, September 29, 2026 (5:00 P.M.)
Cut-off Date: Wednesday, 23rd September, 2026 for determining voting rights
Voting Methods: Remote e-voting through NSDL platform and venue voting on AGM date
Scrutinizer Appointment: Mr. Ravi Shankar Sharma (C.P. No. 8007), Practicing Company Secretary appointed as Scrutinizer
Results Declaration: Within two working days from conclusion of AGM

Shareholders holding shares as on record date (September 23, 2026) are entitled to vote
Facility for appointment of proxies not available due to MCA and SEBI circulars
Members can join AGM 30 minutes prior to scheduled time
Participation limited to 1000 members on first-come-first-served basis, with exceptions for large shareholders (2%+), promoters, institutional investors, directors, KMPs, and committee chairpersons

The document confirms compliance with:

SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Companies Act, 2013 and rules made thereunder
MCA General Circulars dated April 8, 2020; September 28, 2020; December 31, 2020; June 23, 2021; December 8, 2021; May 5, 2022; December 28, 2022; September 25, 2023; September 19, 2024; and September 22, 2025
SEBI Circulars dated October 7, 2023; May 13, 2022; and October 3, 2024

The notice contains 33 detailed notes covering various procedural aspects, dividend payment mechanisms, dematerialization requirements, and shareholder compliance requirements
Detailed explanatory statements provided for all special business items as required under Section 102 of Companies Act, 2013
Annexure-A provides comprehensive details of directors seeking appointment/re-appointment as required under Regulation 36(3) of SEBI LODR Regulations
The company has implemented a 2:1 bonus issue increasing outstanding shares from 3,32,38,509 to 9,97,15,527 shares
Dividend payment will be made electronically, and physical shareholders must update PAN, KYC details with RTA for receipt of dividends