GTV Engineering bonus issue 2:1: Oct 7, 2026 record date

What GTV Engineering announced

GTV Engineering has announced a bonus share issue in the ratio of 2:1, positioning it as a reward for existing shareholders and a step aimed at improving market liquidity. The company’s board approved the bonus issue on August 14, 2026, and subsequently fixed the key corporate action dates. The record date has been set as Wednesday, October 7, 2026, which is also the ex-bonus date mentioned in the corporate action details shared by the company and market trackers. Only shareholders eligible on the record date will receive the additional shares. The bonus shares are described as fully paid-up equity shares.

This corporate action is being tracked closely because it changes the number of shares held by investors while adjusting the stock’s price mechanically after the ex-bonus date. The announcement also comes after shareholder approval for the bonus issue and an increase in authorised capital through a postal ballot process.

Key dates: record date, ex-bonus date, and announcement

The company’s timeline for the 2:1 bonus issue is anchored to the October 7, 2026 record date. Since the ex-bonus date is also stated as October 7, 2026, investors must plan purchases accordingly. Multiple reports in the provided information also note that investors must own the stock before the record date to be eligible.

A commonly-cited implication is that Tuesday, October 6, 2026 becomes the last day to buy the shares to qualify, because settlement must be completed before the record date. While the article text also mentions a “bonus date” of August 14, 2026, it simultaneously states that shares are credited after the record date, which is consistent with how bonus allotments are typically processed.

What a 2:1 bonus ratio means for shareholders

A 2:1 bonus issue means an investor receives two additional shares for every one share held as of the record date, provided the shares are fully paid-up and the investor is eligible. This increases the number of shares held, but it does not, by itself, create additional economic value because the market price typically adjusts after the stock turns ex-bonus.

The article text also contrasts bonus ratios by giving a general example, noting that a 1:2 ratio would mean one new share for every two shares held. For GTV Engineering, the stated ratio is 2:1, which is on the higher side in terms of the number of additional shares credited.

Who is eligible and what investors must do

Eligibility hinges on being a registered shareholder as of October 7, 2026. The provided details list several requirements that investors should satisfy to receive the bonus shares. First, the shareholder’s name must appear in the company’s register of members on the record date. Second, shares must be held in a demat account or in physical form. Third, the shares must be fully paid up.

Crucially, investors who plan to buy shares to qualify must ensure the purchase is completed before the ex-bonus date of October 7, 2026. The article text states that October 6 effectively becomes the last day to purchase the stock to qualify for the corporate action.

Bonus share credit and expected timelines

The article states that the bonus shares will be credited directly to the investor’s demat account after the record date. It also notes that the credit process typically takes 7-15 working days from the record date. Separately, another line in the provided text states that bonus shares “should be credited within 3 days after the ex-date.”

Since both timelines are presented in the source material, investors should track their broker notifications and the company’s corporate action updates for the exact credit and listing dates. The key operational takeaway remains that the credit happens after the record date and is routed to the demat account for demat holders.

Authorised capital and paid-up capital changes cited

The board approval note dated August 14, 2026 includes specific capital-related figures linked to the bonus issue. It states that the company authorised an increase in authorised share capital from ₹16 crore to ₹31 crore. It also states that the bonus issue would involve issuing 10.16 crore equity shares of ₹2 each by capitalising ₹20.32 crore of free reserves.

As per the same details, the company’s paid-up capital would rise to ₹30.48 crore from ₹10.16 crore after the bonus issuance. These figures help investors understand the scale of the corporate action as presented in the approval communication.

Shareholder approval through postal ballot

The source material mentions that GTV Engineering shareholders approved the issue of bonus shares and an increase in authorised capital via postal ballot. The resolutions passed with 100% support from the voting members, as stated.

This approval removes a key procedural hurdle and aligns with the company’s later steps of fixing the record date for determining shareholder eligibility. Investors typically watch such milestones because corporate actions require both board and shareholder clearances.

Stock levels around the corporate action dates

The provided table includes last traded price (LTP) references around the record date for the 2026 bonus issue and the previous 2025 bonus action. For the record date of October 7, 2026, the LTP at “announcement” is shown as 61.73 and the LTP at record day is 67.97. For the previous bonus record date of July 28, 2025, the table shows 80.37 at announcement and 92.42 at record day.

These figures are snapshots and do not explain the full price path, but they indicate that the stock was higher on the record day than on the referenced announcement day in both instances.

Context: the earlier 2025 bonus and stock split reference

The article text also references a prior corporate action cycle in 2025, where a bonus issue of 2:1 was paired with a stock split of 1:5, with July 25 described as the last day to buy for eligibility and July 28, 2025 as the record date. In addition, it mentions an “Outcome of the Board Meeting held on 29th July, 2025 - Allotment of Bonus Equity shares,” indicating that the 2025 bonus was executed and allotted.

Separately, the text describes the company as a microcap stock and cites a 218% return in the past year in one reference, and a 3,670% return over five years in another reference. These are presented as contextual datapoints from the source material rather than a forecast.

Other disclosed corporate developments mentioned

Beyond the bonus issue, the provided information notes that GTV Engineering allotted 39,42,046 equity shares to GTV Infrastructures Private Limited at ₹59.65 per share to acquire a 35.31% stake in Chirchind Hydro Power Private Limited. It also mentions board and shareholder approval for a preferential issue of 39,42,047 equity shares at ₹59.65 each for non-cash consideration.

The text also references an EOGM on April 16, 2026, which reportedly saw unanimous approval of the preferential share allotment and enhanced investment limits up to ₹100 crores.

Market impact: what changes for investors after ex-bonus

For investors, the practical impact is that the share count increases in the demat account after the record date, based on the 2:1 ratio. After the stock turns ex-bonus, the market price typically adjusts to reflect the higher number of outstanding shares, while the investor’s proportionate ownership remains broadly comparable.

From a market microstructure perspective, the company’s stated aim of improving liquidity is usually linked to a higher number of shares available for trading. However, the actual trading behaviour depends on participation and float, and the source material does not provide a quantified liquidity metric.

Conclusion

GTV Engineering’s 2:1 bonus issue has October 7, 2026 as the record date and ex-bonus date, with October 6 effectively cited as the last day to buy to qualify. The bonus shares will be allotted to eligible shareholders whose names appear on the register as of the record date, with credit expected after that date as per the timelines mentioned. Investors tracking this corporate action will watch for final allotment and credit updates from the company and depositories following the record date.