GTV Engineering Bonus Shares will be issued in a 2:1 ratio, with the company fixing October 7, 2026, as the record date to determine eligible shareholders.
Investors looking to qualify for the bonus issue have October 6 as the last effective day to buy the shares.
Under the 2:1 bonus issue, eligible shareholders will receive two additional shares for every one existing fully paid-up equity share held on the record date.
The bonus shares will be issued without any separate payment from eligible shareholders.
GTV Engineering Bonus Shares Record Date
The company has fixed Wednesday, October 7, as the record date for the corporate action.
This date will determine which shareholders are eligible to receive the bonus shares.
With the current T+1 settlement cycle, investors need to purchase the shares by October 6 to be eligible for the bonus issue.
Buying the stock on the record date would not make the investor eligible for the bonus shares.
The stock is scheduled to trade ex-bonus from October 7.
The bonus issue will increase the number of shares held by eligible investors, but it does not automatically increase the overall value of their investment.
What Does the 2:1 Bonus Issue Mean?
A 2:1 bonus means shareholders receive two new shares for every one share already held.
For example, an investor holding 100 shares before the bonus would receive 200 additional shares, taking the total holding to 300 shares after the bonus.
However, the share price generally adjusts in proportion to the increase in the number of shares.
Therefore, a bonus issue by itself does not create additional investment value.
For illustration, if the share price before the bonus were ₹69, a 2:1 bonus could result in an adjusted price of roughly ₹23, subject to actual market movements and the applicable adjustment.
GTV Engineering Bonus Shares are therefore primarily a corporate action that changes the number of shares held and the corresponding per-share price, rather than providing an immediate gain to investors.
GTV Engineering Share Price and Bonus Details
GTV Engineering shares closed at ₹69.30 on the BSE on October 5, according to available market data.
The stock has traded between ₹41.55 and ₹83.90 over the past 52 weeks.
The company had earlier announced another 2:1 bonus issue, with a record date in July 2025.
The latest bonus issue has again attracted investor attention because of the October 7 record date.
Investors should also remember that eligibility for bonus shares and the market performance of the stock are separate matters.
The bonus does not guarantee a rise in the share price after the ex-bonus date.
What Investors Should Know Before October 7
Investors holding the shares on the relevant record date will be considered for the bonus entitlement according to the company’s announced terms.
Those buying shares for the first time should understand the settlement and ex-bonus dates before making any decision.
The stock price can move independently because of buying and selling activity, company performance and broader market conditions.
A bonus issue alone should not be treated as a guarantee of returns.
For investors tracking the corporate action, October 6 is the key date for purchasing the shares to qualify, while October 7 is the record and ex-bonus date.
