Investment16 Apr 2026, 09:01 pm
GTV Engineering Shareholders Approve Preferential Issue (Non-Cash)
AI Summary
GTV Engineering Ltd. announced that its shareholders, at the 1st Extra-Ordinary General Meeting held on April 16, 2026, approved the preferential issue of equity shares. This approval follows a resolution passed by the Board of Directors at their meeting on March 23, 2026. The shares will be issued on a preferential basis for a consideration other than cash, in compliance with SEBI regulations.
Key Highlights
- Shareholders approved preferential issue of equity shares.
- The issue is for consideration other than cash.
- Approval was granted at the EOGM on April 16, 2026.
- The Board had approved the proposal on March 23, 2026.
- The action complies with SEBI regulations.
Price Impact
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