Intimation of Record Date for Stock Split / Sub-Division of Shares and Bonus Shares.
Price
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Awaiting price reaction for this filing.
GTV Engineering has fixed Monday, 28th July 2025 as the record date for two corporate actions happening together. First, each equity share of face value Rs. 10 will be split into 5 equity shares of Rs. 2 each. Second, the company will issue bonus shares in the ratio of 2:1, meaning 2 new bonus shares for every 1 share held (post-split). Together, an investor holding 1 share today will end up with 15 shares of Rs. 2 face value after both actions. The actions are being carried out under SEBI (LODR) Regulation 42.
The stock price will adjust downward proportionally after the split, but the overall investment value stays the same. The bonus issue effectively rewards shareholders with additional shares, while the split improves liquidity and makes the share price more affordable for retail investors. Expect higher trading volumes around the record date.