Outcome of the Board Meeting held on 29th July, 2025 - Allotment of Bonus Equity shares
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On the reaction day the stock moved 3.5 pts less than Nifty Microcap 250 and 2.3 pts less 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 Ltd's board, at its meeting on 29th July 2025, approved the allotment of 3,12,38,880 bonus equity shares of face value Rs. 2 each. This is a 2:1 bonus issue, meaning shareholders receive 2 new shares for every 1 existing share held. The record date for eligibility was 28th July 2025. As a result, paid-up equity shares will increase from 1,56,19,440 to 4,68,58,320, and total share capital will triple from Rs. 3.12 crore to Rs. 9.37 crore. The bonus shares will rank equally with existing shares and will be credited or dispatched within the statutory timeline.
This is a shareholder-friendly action that increases the number of shares each investor holds without additional cost, though the stock price typically adjusts downward proportionally on the ex-date. For retail investors, it improves liquidity and makes the stock more affordable per share.