GTV Engineering Ltd — Dividend/Bonus, 07-06-2025: Corp. Action

GTV Engineering Limited has announced a board meeting approving key corporate actions, subject to shareholder approval via postal ballot. These include a stock split, subdividing each Rs. 10 equity share into five shares of Rs. 2 each, aiming to improve liquidity and accessibility for retail investors. The board also approved increasing authorized share capital from Rs. 4 Cr to Rs. 12 Cr and issuing bonus shares in a 2:1 ratio from free reserves, potentially raising paid-up capital to Rs. 9.37 Cr. Additionally, the company plans to adopt amended Articles of Association aligned with the Companies Act, 2013. Mr. Abhay Narayan Singh is proposed as an Independent Director for five years.