GTV Engineering Limited's 35th Annual General Meeting held on September 29, 2026, achieved complete success with all 8 resolutions passed by the requisite majority. According to the company's latest disclosure, 71.98% polled for key resolutions including the adoption of FY26 financial statements. The meeting was conducted at the company's registered office in Mandideep, Bhopal, with the scrutinizer's report issued by Ankur Chouksey of Ankur Chouksey & Associates on September 30, 2026. Resolutions on related party transactions with Chirchind Hydro Power Private Limited and Shivalik Energy Private Limited were passed unanimously by eligible voters, while special resolutions for appointment of Sanjay Kumar Agrawal as independent director and loans/guarantees under Section 185 of the Companies Act, 2013 were also approved.
The company has set Wednesday, October 7, 2026 as the record date to determine shareholder eligibility for the bonus share payout. The bonus shares will be issued in a 2:1 ratio, meaning two new shares for every existing share held by eligible investors. The bonus shares will be fully paid-up equity shares with a face value of ₹2 each, matching the face value of existing shares. According to the latest disclosure, the Board of Directors approved the issuance under Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company communicated this decision to BSE Limited on September 28, 2026, with voting results submitted on September 30, 2026.
The stock closed 1.09% lower at ₹67.97 per share on BSE with a market capitalisation of ₹345.29 crore on Thursday, October 1. As reported by Stock Market News, investors must own the stock before the record date to become eligible for the bonus share payout. Tuesday, October 6 effectively becomes the last day for investors to purchase the stock and qualify for the bonus share distribution. The stock touched an intraday high of ₹70.60 per share and an intraday low of ₹67.55 per share on Thursday, with the company's total outstanding shares standing at 50,800,366 as per the latest AGM disclosure.
According to Stock Market News, GTV Engineering has delivered exceptional long-term returns, with the stock generating 1.22% return in one year, 127.9% return in two years, 174% return in three years, and an impressive 3,921% return in five years. This means that an investment of ₹1 lakh five years ago would have grown to ₹40 lakh currently. The stock is expected to remain in focus due to the upcoming bonus issue record date and the strong AGM resolution outcomes. Historical performance data shows the stock has generated 5.38% return in one month, 25.85% return in six months, and 3,761.93% return over five years.
