GV Films Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/04/2026 ,inter alia, to consider and approve 1. To discuss the proposal for the ....
Awaiting price reaction for this filing.
GV Films Ltd has scheduled a board meeting on April 23, 2026 to consider availing financial assistance of up to INR 100 Crores from Sanctum Trading Corporation Private Limited. The loan would be taken in one or more tranches on terms mutually agreed by both parties, with a Finance Agreement to be entered into. The company also plans to authorise necessary regulatory filings including Form CHG-1 for charge creation with ROC. Additionally, the board will consider shifting the registered office within Mumbai and updating the corporate email and phone numbers.
Taking on INR 100 Crores in debt from Sanctum Trading Corporation will increase the company's liabilities. Shareholders should monitor the interest rates and repayment terms, as this could impact future profitability and cash flows.