Board Meeting14 Aug 2026, 03:39 pm
GTV Engineering Board Approves Bonus Issue & Share Capital Increase
AI Summary
GTV Engineering Ltd's Board of Directors met on August 14th, 2026, approving the standalone and consolidated unaudited financial results for the quarter ended June 30th, 2026, along with the limited review report. Key approvals include a significant increase in authorized share capital from ₹16 crore to ₹31 crore and a 2:1 bonus share issue, both subject to shareholder approval via postal ballot. The company also appointed a scrutinizer and CDSL for remote e-voting services.
Key Highlights
- Board approved Q1 FY27 unaudited financial results.
- Authorized share capital to increase from ₹16 Cr to ₹31 Cr.
- Approved a 2:1 bonus share issue.
- Shareholder approval sought via postal ballot for capital and bonus issue.
- Appointed scrutinizer and CDSL for postal ballot process.
Price Impact
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