GTV Engineering Approves ₹23.5 Crore Preferential Issue

GTV Engineering Board and shareholders approved a preferential issue of 39.42 lakh equity shares at ₹59.65 each.
The issue price includes a face value of ₹2 per share and a premium of ₹57.65 per share.
Total fundraising amounts to approximately ₹23.5 crore through this non-cash consideration offering.
Approvals were granted at Board meeting on March 23, 2026 and EGM on April 16, 2026.