Company has informed the exchange about the sub-division/split of shares in the ratio of 2:1.
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The Board of GHV Infra Projects approved a sub-division/split of equity shares in the ratio of 2:1, reducing face value from Rs. 10 to Rs. 5 per share. The current paid-up capital of Rs. 14.41 crore (1.44 crore shares of Rs. 10) will become Rs. 14.41 crore split into 2.88 crore shares of Rs. 5 each. The Board also approved a bonus issue in the ratio of 3:2 (3 bonus shares for every 2 held), translating to roughly 4.32 crore new shares of Rs. 5 each, taking total post-bonus shares to about 7.21 crore. The bonus will be funded from securities premium (Rs. 12.40 crore) and general reserve (Rs. 15.65 crore). Authorized capital is being raised from Rs. 16 crore to Rs. 66 crore to accommodate these changes. Shareholders' approval will be sought at an EGM on August 26, 2025. The company cited improved liquidity and retail accessibility as the rationale for the split.
Existing shareholders will see their share count rise materially — by 2x due to the split and an additional 150% via the bonus — while the per-share market price adjusts downward proportionally. No cash is required from shareholders; the bonus is funded from reserves. Combined effect should boost trading liquidity and lower the per-share price to retail-friendly levels.