Announced Thu, 16 Apr · 20:14 IST

EGM approves two special resolutions on loans and investments unanimously

Board & Shareholder Meetings View source PDF

Price

Loading chart…

▲ 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

-4.4%1-day move

₹61.70

prior close

₹62.49

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-1.2-1.2-0.3-0.3-4.4-1.7-1.1-3.3+1.2+9.4+16.2+28.0+23.2+12.6

Up moveDown movePending

AI summary

GTV Engineering's 1st EGM of FY2026-27, held on April 16, 2026 (11:30 AM–12:20 PM), passed two special resolutions unanimously with 100% votes in favour — 4,329,973 votes from 48 members, zero against or abstained. Resolution 1 approves granting loans, guarantees, securities, and/or making investments. Resolution 2 relates to the same investment/loan framework. Out of 8,629 shareholders on record date, 3 promoters and 32 public members attended in person.

Likely market impact

Board gains flexibility to lend, invest, or give guarantees within approved limits. Unanimous approval signals shareholder support; no negative price impact expected.