GV Films Ltd Board Approves Up to ₹95 Crores Loan, Shifts Registered Office
GV Films Ltd announced key decisions made during its Board of Directors meeting held on Thursday, April 23, 2026. The Board approved significant financial assistance, the shifting of the company’s registered office, and updated corporate contact details.Financial Assistance and Authorization
The Board approved the availing of financial assistance up to INR 95 Crores (Rupees Ninety-Five Crores only). This assistance is intended to be sourced from M/s Sanctum Trading Corporation Private Limited. The terms and conditions for this financial aid are subject to mutual determination by the Board of Directors of GV Films Ltd and M/s Sanctum Trading Corporation Private Limited.Furthermore, Mr. Balagiri Vethagiri, the Managing Director of the Company, was authorized to execute, modify, or take any necessary steps required for entering into a Finance Agreement and all associated ancillary documents.
Registered Office Relocation
The Company also approved the shifting of its registered office. The current registered address at Gala No B 14 B 1st Floor Pravasi Industrial Estate, Goregaon Mulund Link Road, Goregaon East, Mumbai - 400063 will be replaced by a new location at Gala No B -38 1st Floor, Pravasi Industrial Estate, Goregaon Mulund Link Road, Goregaon East, Mumbai - 400063. This change is set to take effect from April 24, 2026, within the local limits of Mumbai.Updated Corporate Contact Details
The Board meeting also addressed the change in the company’s registered corporate contact information, which are effective immediately.| Particulars | Details |
|---|---|
| Registered Mail Address | cs@gvfilms.co.in |
| Registered Phone Number | 8591757953 / 022-47495238 |
Stock Price Movement
GV Films Ltd shares closed lower on Monday, settling at ₹0.31, representing a 3.13% decline from the previous close of ₹0.32. Throughout the trading day, the shares remained locked completely flat at the ₹0.31 level.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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