gtv engineering executives participated in an institutional investors' meeting on June 6, 2026, to discuss business operations. The meeting was organized as an exclusive conference hosted by Ashika Group and CNI Infoxchange. No unpublished price sensitive information was shared during the interaction, with discussions limited to information already available in the public domain.

Meeting Details

The interaction was conducted in-person, allowing for direct engagement with the investor community. The format included both one-on-one and group sessions, providing a platform for detailed discussions regarding the company's performance and outlook.

Regulatory Disclosure

This update follows a previous disclosure made by the company on May 21, 2026. The confirmation was submitted to the stock exchange by Ankit Rohit, Company Secretary and Compliance Officer, ensuring compliance with regulatory requirements regarding investor interactions.

GTV Engineering Limited has completed the acquisition of a 35.31% stake in Chirchind Hydro Power Private Limited (CHPPL) through the allotment of 39,42,046 equity shares on a preferential basis. The Board of Directors approved the allotment on June 4, 2026, issuing shares at a price of ₹59.65 each, including a premium of ₹57.65 per share. This transaction, executed via a share swap mechanism for consideration other than cash, aggregates to approximately ₹23.52 crore and results in CHPPL becoming a subsidiary of GTV Engineering.

The allotment was made to GTV Infrastructures Private Limited, a promoter group entity, pursuant to approvals received from shareholders at an Extraordinary General Meeting held on April 16, 2026. Following the issuance, the paid-up equity capital of GTV Engineering increased from ₹9,37,16,640 to ₹10,16,00,732. Consequently, Shivalik Energy Private Limited, a subsidiary of CHPPL, has become a step-down subsidiary of the company.

The preferential issue was conducted in accordance with the Companies Act, 2013, and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company had previously received in-principle approval from BSE Limited via a letter dated May 27, 2026. The exchange had stipulated conditions regarding internal controls and trade monitoring by the allottees to ensure compliance with regulations.

GTV Engineering stated that it will apply for the listing and trading of the newly allotted shares on the stock exchanges in due course. The acquisition marks the company's entry into the renewable energy sector, integrating small hydro power into its business operations.