GTV Engineering Limited Conducts Extraordinary General Meeting for Investment Limit Enhancement and Equity Share Allotment

GTV Engineering Limited successfully conducted its 1st Extraordinary General Meeting (EOGM) for the financial year 2026-2027 on April 16, 2026, addressing significant corporate governance matters including investment limit enhancements and equity share allotments.

Meeting Details and Governance

The EOGM was held at the company's registered office located at 216-218, New Industrial Area-II, Mandideep, Raisen (MP) – 462046, commencing at 11:30 AM and concluding at 12:20 PM. The meeting was chaired by Mr. Mahesh Agrawal, Managing Director, with all directors present to ensure proper governance oversight.

Meeting Parameter: Details Date: April 16, 2026 Time: 11:30 AM - 12:20 PM Venue: Registered Office, Mandideep Chairman: Mr. Mahesh Agrawal (Managing Director) Attendance: All Directors Present

E-Voting Facility and Shareholder Participation

The company demonstrated its commitment to shareholder accessibility by providing remote e-voting facilities. The electronic voting window was available from April 13, 2026 (9:00 AM) to April 15, 2026 (5:00 PM), allowing members to cast their votes electronically before the meeting. Members who attended the meeting and had not participated in remote e-voting were provided voting facilities during the session.

Special Resolutions Addressed

The EOGM focused on two critical special resolutions that require shareholder approval under regulatory frameworks:

Investment Limit Enhancement

The first special resolution sought approval for enhancement of limits for giving loans, guarantees, providing securities, and making investments up to an aggregate amount of Rs 100 crores. This enhancement exceeds the limits prescribed under Section 186 of the Companies Act, 2013, indicating the company's expansion plans and strategic investment requirements.

Preferential Equity Share Allotment

The second special resolution addressed the offer, issue, and allotment of equity shares (other than cash) on a preferential basis to GTV Infrastructures Private Limited, identified as a promoter group entity. This transaction aligns with provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and the Companies Act, 2013.

Resolution Type: Description Amount/Entity Special Resolution 1: Investment Limit Enhancement Rs 100 Crores Special Resolution 2: Preferential Share Allotment GTV Infrastructures Private Limited

Voting Results and Compliance

The company maintained transparency by informing shareholders that consolidated voting results, including both remote e-voting and meeting votes, will be declared in due course. The scrutinizer's report will be submitted within the prescribed time limit under Regulation 44 of the SEBI (LODR) Regulations, 2015, and will be made available on the company's website for stakeholder access.

Regulatory Compliance and Documentation

The proceedings were conducted in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with proper documentation submitted to the Bombay Stock Exchange Limited. Company Secretary and Compliance Officer Ankit Rohit ensured all regulatory requirements were met, with digitally signed communications sent to the exchange on the same day.

GTV Engineering Limited has officially communicated to BSE Limited that the company does not fall under the category of Large Corporate as defined by SEBI regulations, making certain borrowing-related circulars non-applicable to the company.

Regulatory Compliance Notification

In a formal communication dated 15.04.2026, GTV Engineering Limited confirmed its status regarding SEBI's Large Corporate framework. The company stated that it does not qualify as a Large Corporate as on 31.03.2026, based on the applicability criteria outlined in relevant SEBI circulars.

Parameter: Details Communication Date: 15.04.2026 Reference Date: 31.03.2026 Status: Not a Large Corporate Signatory: Ankit Rohit, Company Secretary & Compliance Officer

SEBI Circular References

The notification specifically references multiple SEBI circulars that govern borrowing requirements for large corporates. The company's communication cites the following regulatory documents:

SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated 26th November, 2018

SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated 19th October, 2023

SEBI circular vide Ref No. List/Comp/05/2019-20 dated 11th April, 2019

These circulars establish the framework for determining Large Corporate status and associated borrowing requirements.

Company Information

GTV Engineering Limited operates from its registered office and works located at 216-217-218, New Industrial Area-II, Mandideep-462046 (Bhopal). The company maintains its corporate identification number as L31102MP1990PLC006122 and operates under the website www.gtv.co.in .

Compliance Framework

The notification serves as a formal declaration to ensure regulatory compliance and transparency with stock exchange requirements. Company Secretary & Compliance Officer Ankit Rohit digitally signed the communication on 2026.04.15, confirming the company's adherence to SEBI's disclosure requirements regarding Large Corporate status determination.

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