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.
The announcement has drawn attention among investors as the stock is trading below the ₹100 mark.
The company has announced that eligible shareholders will receive two new fully paid-up equity shares for every one existing equity share held on the record date.
GTV Engineering Bonus Shares Record Date
GTV Engineering has fixed October 7, 2026 as the record date for its upcoming bonus issue.
Shareholders whose names appear in the relevant records on the record date will be eligible to receive the bonus shares.
The bonus issue ratio has been set at 2:1.
This means that investors holding one existing equity share will receive two additional equity shares, subject to meeting the eligibility conditions.
The face value of each equity share is ₹2.
The company had earlier received approval for the bonus issue, and the latest announcement confirms the date that will be used to determine shareholder eligibility.
What the 2:1 Bonus Issue Means
Under a 2:1 bonus issue, an eligible shareholder holding 100 shares before the issue would receive 200 additional shares.
After the bonus allotment, the shareholder would hold 300 shares, assuming there are no other changes to the holding.
A bonus issue does not involve shareholders paying an additional amount for the bonus shares.
However, the market price of a stock can adjust after it becomes ex-bonus because the number of outstanding shares changes.
The bonus shares are intended to rank equally with the existing fully paid-up equity shares in terms of their applicable rights.
Record Date and Shareholder Eligibility
The October 7 record date is important because it determines which shareholders are entitled to receive the additional shares.
Investors should also check the applicable exchange and company announcements for the ex-bonus date and other corporate-action details.
The company had announced the bonus proposal earlier in August, with the board recommending two bonus equity shares for every one existing share.
Shareholder approval and subsequent corporate-action procedures are part of the process before the bonus shares are credited.
GTV Engineering Stock and Bonus Issue
GTV Engineering’s shares were trading below ₹100 in the period covered by the latest market update, keeping the stock in focus among investors tracking small-cap companies and corporate actions.
However, a bonus issue by itself does not automatically increase the value of an investor’s holding.
The adjustment in the market price reflects the higher number of shares after the bonus issue, while the actual market value can subsequently move depending on trading conditions and the company’s performance.
Investors considering the stock should therefore look beyond the bonus announcement and review the company’s financial performance, disclosures and other relevant market information before making any investment decision.
