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

GTV Engineering Limited has announced a board meeting to approve several key corporate actions, subject to shareholder approval via postal ballot. These include a 5-for-1 stock split reducing the face value of shares from Rs. 10 to Rs. 2 each, an increase in authorized share capital from Rs. 4 Cr to Rs. 12 Cr, and a bonus issue of shares in a 2:1 ratio using free reserves. The company also approved amendments to the Memorandum and Articles of Association to reflect these changes and align with current company law. Additionally, Mr. Abhay Narayan Singh has been appointed as an independent director for a five-year term, pending shareholder approval. These moves aim to improve liquidity, expand capital for growth, and strengthen governance, which could benefit retail investors.