GTV Engineering Recommends 2:1 Bonus Share Issue

GTV Engineering Ltd's Board of Directors has recommended a bonus issue of shares in a 2:1 ratio, meaning two bonus equity shares for every one existing equity share. This decision was made during a board meeting held on August 14th, 2026. The company also approved an increase in its authorized share capital from ₹16,00,00,000 to ₹31,00,00,000, subject to shareholder approval via postal ballot. Additionally, the board reviewed and approved the standalone and consolidated unaudited financial results for the quarter ended June 30th, 2026, along with the limited review report from the statutory auditor. The company has appointed a scrutinizer and CDSL for the postal ballot process.