Announced Fri, 24 Jul · 14:42 IST
Board approves conversion of partly paid shares to fully paid shares
Corporate Actions View source PDF
GVPTECH · price
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Price reaction · full curve 14 horizons · vs prior close
+5.0%1-day move
₹6.65
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AI summary
GVP Infotech's Board, at its meeting on 24 July 2026, approved converting 1,97,82,690 partly paid-up equity shares into fully paid-up equity shares. These shares were issued under a rights issue, and the conversion follows receipt of the final call money. Out of 2,11,72,007 partly paid shares allotted, 1,97,82,690 have now been converted to fully paid status.
Likely market impact
Shareholders' partly paid shares are now fully paid, completing the rights issue process. No new dilution, no impact on share count.