Board approves INR 95 Crore borrowing from Sanctum Trading

GV Films board approved borrowing up to INR 95 Crores from Sanctum Trading Corporation Private Limited, in one or more tranches. The company will file Form CHG-1 with the Registrar of Companies, indicating a charge will be created on company assets. Managing Director Balagiri Vethagiri is authorised to sign the finance agreement and related documents. Board also approved shifting the registered office within Goregaon East, Mumbai.