Dividend stocks, bonus shares: Last chance to buy - check record date | Ratio, yield, other details

GTV Engineering has announced a 2:1 bonus share issue, meaning for every one share you currently own, the company will issue two additional shares. To receive these bonus shares, you must buy the stock on or before Tuesday, October 7. This is the crucial 'record date' set by the exchange. Buying the stock after this date will not qualify you for the bonus allotment.
This corporate action increases the total number of shares in the market, which can lead to a temporary drop in the stock's price per share. However, the total value of your holding remains the same, just spread across more shares. Investors should verify the exact record date on the NSE/BSE website to ensure their transaction is processed correctly.
Excerpt from Mint
Shares of GTV Engineering, PH Capital Limited, and PTC India Limited are in focus ahead of their record dates for bonus issues and dividends on October 7. Tuesday is the last day to buy shares for eligibility. GTV offers a 2:1 bonus, PH Capital a 10:1 bonus. Dividend stocks, bonus issue: Shares of GTV Engineering , PH…Read the original at Mint
Affected stocks
Bullish2 stocksBull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns GTV Engineering (GTV).
- Category: Corporate Action.
- AI reads the tone as positive (potentially bullish) for the stock.
- Also mentions PTC.
Why it matters
A routine update for GTV Engineering. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.















