StockWatch
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Industrial Products
Bonus8 Oct 2026, 11:15 am

GTV Engineering Allots 10.16 Cr Bonus Shares in 2:1 Ratio

AI Summary

GTV Engineering Ltd announced the allotment of 10,16,00,732 Equity Shares of Rs. 2/- each as fully paid bonus equity shares. This allotment is in the proportion of 2:1, meaning 2 bonus shares for every 1 existing equity share held. The record date for this allotment was October 7, 2026. Consequently, the company's paid-up equity share capital has increased from Rs. 10,16,00,732/- (5,08,00,366 shares) to Rs. 30,48,02,196/- (15,24,01,098 shares). The newly allotted bonus shares will rank pari-passu with existing equity shares.

Key Highlights

  • Board approved allotment of 10,16,00,732 bonus equity shares.
  • Bonus shares issued in a 2:1 ratio (2 for every 1 held).
  • Record date for allotment was October 7, 2026.
  • Paid-up equity capital increased to Rs. 30.48 Crore.
  • Bonus shares carry same rights as existing equity shares.