GTV Engineering Limited convenes its 1st EOGM on April 16, 2026 for two special resolutions requiring shareholder approval.
Company proposes preferential allotment of up to 39.42 lakh equity shares at Rs. 59.65 each via share swap worth Rs. 23.52 crore.
Post-transaction, GTV Engineering will hold 51% in Chirchind Hydro Power Private Limited, making it a subsidiary.
Shareholders will also vote on Section 186 approval for loans, guarantees, and investments up to Rs. 100 crore.