Board Meeting14 Aug 2026, 03:47 pm
GTV Engineering Declares Unaudited Q1 FY27 Results; Approves Bonus Issue
AI Summary
GTV Engineering Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors also approved a significant increase in authorized share capital from ₹16 crore to ₹31 crore, subject to shareholder approval via postal ballot. Additionally, the company approved a 2:1 bonus share issue, capitalizing its free reserves. A postal ballot notice and appointment of a scrutinizer and e-voting agency were also approved.
Key Highlights
- Unaudited standalone and consolidated financial results for Q1 FY27 declared.
- Authorized share capital to increase from ₹16 crore to ₹31 crore.
- Board approved a 2:1 bonus share issue.
- Shareholder approval to be sought via postal ballot for capital increase and bonus issue.
- Limited review report from statutory auditor approved.
Price Impact
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