Mega Shareholder Reward: 1:5 Split + 2:1 Bonus Unlocked, July 28 Is Key To Mark The Calendar; Bet Now?

A multifaceted Indian business, GTV Engineering Limited is engaged in flour milling, hydropower production, and heavy engineering. According to Groww, GTV provides services to a wide range of businesses, such as power plants, cement, and mineral processing facilities. With a market valuation of Rs 408.96Cr, the shares of GTV Engineering Ltd. began Monday at Rs 1,309 and quickly locked in a 5% upper circuit limit at Rs 1,309.15. Following the company's announcement of the record date for the 1:5 stock split and 2:1 bonus shares, the stock's demand surged in the market today.

GTV Engineering Stock Split & Bonus Shares Record Date

For the purpose of sub-division / split of each equity share of face value of Rs.10/- each fully paid-up into 5 equity shares of face value of Rs. 2 /- each, fully paid-up and issue of bonus shares in the ratio of 2:1 i.e. 2 new fully paid-up equity share of Rs. 2/- each for every 1 existing fully paid-up equity share of Rs. 2/- each, the Board of Directors of the company have fixed Monday, 28th July, 2025 as the record date as per a regulatory filing dated 17th July published by GTV Engineering.

GTV Engineering Stock Split & Bonus Shares Announcement Date

At its June 7, 2025, board meeting, GTV Engineering Limited adopted a number of key corporate actions aimed at increasing shareholder value. The Board considered and approved sub-division/ split of the existing equity shares of the company, such that, each equity share having face value of Rs. 10/- each fully paid-up, be sub-divided/split into such number of equity shares having face value of Rs. 2 each fully paid-up.

"This stock split is aimed at enhancing the liquidity of the company's shares in the market and making them more accessible to retail investors," as per GTV Engineering.

As a result, Clause V of the Memorandum of Association will be changed to reflect the updated capital structure, and the authorized share capital will be raised from Rs 4 crore to Rs 12 crore.

The Board also authorized a 2:1 bonus issue, which would increase the post-bonus paid-up capital to Rs 9.37 crore by issuing two equity shares for every one held, totaling Rs 6.25 crore from the company's free reserves.

GTV Engineering Share Price Target

"GTV Engineering stock price is bullish but also overbought on the Daily charts with next resistance at 1319. Investors should be booking profits at current levels as a Daily close below support of 1205 could lead to a target of 1090 in the near term," commented A R Ramachandran, independent research analyst.

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