ALFA Filings
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GTV Engineering allotted 39,42,046 shares worth ₹23.52 Crore to acquire a 35.31% stake in Chirchind Hydro Power. The deal makes Chirchind a subsidiary.
GTV Engineering received BSE in-principle approval for a ₹23.51 Crore preferential share swap. The transaction will consolidate Chirchind Hydro Power as a subsidiary.
GTV Engineering Limited approved the preferential issue of 39,42,047 equity shares at an issue price of Rs. 59.65 per share, aggregating to approximately ₹23.51 Crore. The issuance is for consideration other than cash and received shareholder approval at the Extra-Ordinary General Meeting held on April 16, 2026.