Announced Fri, 14 Aug · 15:55 IST
Board recommends 2:1 bonus share issue, subject to shareholder approval
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.8%1-day move
₹70.76
prior close
₹77.98
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.0-2.9-5.1-4.0+1.8-2.1-1.1-1.1——————
Up moveDown movePending
AI summary
GTV Engineering board has approved a 2:1 bonus issue (2 free shares for every 1 held), issuing about 10.16 crore shares worth Rs 20.32 crore, funded from P&L reserves (surplus of about Rs 42.6 crore). Post-issue, share count rises to 15.24 crore and paid-up capital to about Rs 30.48 crore. Authorized capital also increased from Rs 16 crore to Rs 31 crore. Q1 FY26 revenue Rs 29.64 crore, PAT Rs 3.99 crore, EPS Rs 0.83. Pending postal ballot approval.
Likely market impact
Positive for shareholders; bonus rewards existing holders but triples share count, so EPS will adjust down. Subject to postal ballot approval.