📣 Bonus Announcements: GTV Engineering & Jonjua Overseas
Two listed companies GTV Engineering Ltd and Jonjua Overseas Ltd have announced corporate actions to reward shareholders through bonus issuances. Below are the details of both actions:
🔧 GTV Engineering Ltd - Sub-Division & Bonus Issue
GTV Engineering Ltd (Scrip Code: 539479) has declared a stock split followed by a bonus issue for its shareholders. The company has fixed Monday, July 28, 2025 as the record date for this corporate action.
As per the announcement:
Each existing equity share of ₹10 will be sub-divided into 5 equity shares of ₹2 each.
- Post sub-division, shareholders will receive 2 bonus equity shares of ₹2 each for every 1 equity share of ₹2 held.
The new shares will be credited to eligible shareholders' demat accounts, and the revised ISIN for the ₹2 paid-up shares will be communicated separately. Trading under the existing ISIN (for ₹10 paid-up shares) will be discontinued from July 28, 2025.
A total of 3,12,38,880 equity shares of ₹2 each will be allotted as part of this corporate action, effective July 29, 2025.
🌐 Jonjua Overseas Ltd - Bonus Issue
Jonjua Overseas Ltd (Scrip Code: 542446) has also declared a bonus issue, with July 28, 2025 as the record date for eligibility.
As per the declaration:
- Shareholders will receive 1 bonus equity share of ₹10 for every 20 equity shares of ₹10 held as on the record date.
Alongside the bonus issue, the market lot size for the stock will be revised:
- From 4,082 shares to 4,286 shares, effective July 28, 2025.
A total of 11,54,607 bonus shares will be allotted to eligible shareholders on or after July 29, 2025.
🔔 Important Notes for Investors:
- Ensure that you hold shares in your demat account by the record date to qualify for the respective bonus issues.
- The credited bonus shares will be visible in your demat holdings post-allotment.
- No action is required from your end to receive the bonus shares.
Stay updated with such corporate actions by regularly checking the bulletin and circular section for alerts.
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