Company has informed the exchange regarding bonus issue of shares in the ratio of 3:2.
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GHV Infra Projects' board has approved a combination of corporate actions: (1) a stock split in the ratio 2:1, reducing face value from Rs. 10 to Rs. 5 per share, (2) a bonus issue in the ratio 3:2 (i.e. 3 bonus shares for every 2 held), and (3) an increase in authorized capital from Rs. 16 crore to Rs. 66 crore. The bonus will be issued by capitalizing securities premium and general reserve, together requiring about Rs. 21.62 crore. Post-split, approximately 4.32 crore new bonus equity shares are expected to be issued, taking the paid-up capital from Rs. 14.41 crore (2.88 crore shares) to Rs. 36.04 crore (7.21 crore shares) of Rs. 5 each. Free reserves of Rs. 12.40 crore in securities premium and Rs. 15.65 crore in general reserve (audited as of March 31, 2025) support the bonus. An EGM is scheduled for August 26, 2025, to seek shareholder approval, with record dates to be announced later. A new Independent Director (Mr. Ravi Kumar Seth) and Company Secretary (Mr. Daksh Mewada) were also appointed.
For existing shareholders, the stock split improves liquidity and lowers per-share price, while the 3:2 bonus increases share count by 50%, both of which are typically neutral to value but can improve affordability and trading activity. The actions are funded from existing reserves and require shareholder approval at the upcoming EGM on August 26, 2025.