GTV Engineering , a microcap company that has delivered an impressive 218% return over the past year, has announced two significant corporate actions that are set to benefit its shareholders. The company has declared both a stock split and a bonus issue, with the record date for both events scheduled for July 28, 2025.

Stock Split Details

The company has decided to split its shares from a face value of Rs 10.00 to Rs 2.00. This 1:5 split means that for every one existing share, shareholders will now hold five shares. This move is expected to increase the liquidity of the stock and make it more accessible to a broader range of investors.

Bonus Issue Announcement

In addition to the stock split, GTV Engineering has also declared a generous bonus issue. Shareholders will receive two bonus shares for every one share held, effectively tripling their shareholding. This 2:1 bonus issue further rewards existing investors and potentially increases the overall value of their holdings.

Important Dates

Investors who wish to benefit from both the stock split and bonus issue must ensure they are shareholders of record by the July 28 cutoff date. The last day to purchase shares and still be eligible for these corporate actions is July 25, 2025.

Market Impact

The announcement of these corporate actions comes on the heels of GTV Engineering's strong market performance, with the stock having surged by 218.00% over the past year. These moves are often seen as positive signals by the market, potentially indicating management's confidence in the company's future prospects.

Industry Context

In a related development, another company, Jonjua Overseas, has also announced a bonus issue. Jonjua will be offering a 1:20 bonus share issue, with the same record date of July 28 as GTV Engineering.

These corporate actions by GTV Engineering and Jonjua Overseas reflect a trend of companies rewarding shareholders and potentially improving stock liquidity in the current market environment.

Investors and market participants will be closely watching how these corporate actions impact the respective companies' stock prices and trading volumes in the coming weeks.

GTV Engineering Ltd has announced a significant business development, boosting its order book and potentially its future revenue streams.

Contract Details

The company has received a Letter of Intent (LOI) from Gebr. Pfeiffer India, valued at ₹14.51 crore. This contract positions GTV Engineering to supply crucial components for various types of mills, including:

• Cement mills
• Coal mills
• Raw mills

Strategic Implications

This new order underscores GTV Engineering's capabilities in manufacturing specialized components for the milling industry. The contract with Gebr. Pfeiffer India, a renowned name in the milling technology sector, could potentially open doors for future collaborations and strengthen GTV Engineering's position in the market.

Financial Impact

While the immediate financial impact of this ₹14.51 crore order on GTV Engineering's overall financial performance remains to be seen, it represents a positive development for the company. The order is likely to contribute to the company's revenue in the coming quarters, depending on the project timeline and delivery schedule.

Industry Outlook

The securing of this contract may indicate a healthy demand for milling components in industries such as cement and coal. It could potentially signal ongoing investments in infrastructure and industrial capacity, which typically drive demand for such specialized engineering products.

Conclusion

As GTV Engineering embarks on fulfilling this new order, stakeholders will be keen to observe how this contract influences the company's operational and financial metrics in the upcoming quarters. The successful execution of this project could potentially enhance the company's reputation and lead to more such opportunities in the future.