GTV Engineering Ltd — Important, 16-04-2026: Company Update

GTV Engineering has approved a preferential issue of 39,42,047 equity shares. Each share, with a face value of Rs. 2 and a premium of Rs. 57.65, is priced at Rs. 59.65. This issue, totaling approximately Rs. 23.53 crore, is for a consideration other than cash. This means the company is exchanging shares for non-cash assets or services, directly impacting its capital structure. This decision received approval from both the Board and shareholders.