Please find the attached file with respect to change in Directorate of the Company.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
At the 7th Annual General Meeting held on 25th July 2025, shareholders approved an increase in the company's authorized share capital to Rs. 48 crore, divided into 4.8 crore equity shares of Rs. 10 each. The previous authorized capital was lower, so this expansion gives the company much more room to issue new shares in the future. In a separate decision at the same AGM, shareholders voted against the reappointment of Mr. Iqbal Singh (DIN:02776893), a Non-Executive Director who was liable to retire by rotation. As a result, he ceased to hold office as Director with effect from 25th July 2025. The company, formerly known as Ganesh Films India Ltd, has disclosed both items to the BSE under SEBI Listing Regulations.
The sharp jump in authorized share capital suggests the company may be preparing for a fundraise or stock split in the coming months, which could dilute existing shareholders depending on how the new capital is used. The rejection of a director's reappointment by shareholders is unusual and may prompt retail investors to watch for further board changes or governance updates.