GTV Engineering Ltd — Updates, 07-06-2025: Company Update

GTV Engineering Limited has announced a board meeting on which several strategic corporate actions were approved, subject to shareholder approval via postal ballot. These include a share split, subdividing existing equity shares from a face value of Rs. 10 to Rs. 2 each to enhance liquidity, and increasing the authorized share capital from Rs. 4 Cr to Rs. 12 Cr to support future growth. The company also approved issuing bonus shares in a 2:1 ratio from free reserves, significantly increasing paid-up capital. Additionally, the Board approved adopting amended Articles of Association aligned with current laws and appointed Mr. Abhay Narayan Singh as an Independent Director for five years, bringing over 15 years of engineering expertise. These moves aim to improve shareholder value and strengthen governance.