Goodluck India Subsidiary to Raise ₹285 Crore for Defense and Aerospace Expansion
Goodluck India's subsidiary, Goodluck Defense and Aerospace Limited, has approved a capital infusion of approximately ₹285 crore through a preferential and private placement of equity shares. This strategic fund raise targets non-promoter investors to bolster the subsidiary's financial position for its specialized defense operations.
Bharat Forge Subsidiary KSSL Unveils Simha 4x4 Armoured Vehicle at Eurosatory 2026
Bharat Forge's defense subsidiary, Kalyani Strategic Systems Limited (KSSL), has launched the Simha 4x4, a modular multi-purpose armored vehicle developed in partnership with Paramount. Unveiled at the Eurosatory 2026 exhibition in Paris, the vehicle targets diverse defense requirements across India, Africa, and South Asia.