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.
On the reaction day the stock moved 5.8 pts more than Nifty Microcap 250 and 6.1 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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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.
Positive for shareholders; bonus rewards existing holders but triples share count, so EPS will adjust down. Subject to postal ballot approval.