GV Films has informed that the Board of Directors of the Company at its Meeting held on June 19, 2015 has considered, approved and allotted 36,86,27,833 Equity Shares of Re 1 each fully paid up in lieu of 36,86,27,833 Equity Shares of Rs 10 each fully paid up, pursuant to reduction of Share capital approved the Shareholders of the Company in the Annual General Meeting dated September 30, 2014 and sanctioned by the Honble High Court Bombay vide order dated April 10, 2015.
The above information is a part of company’s filings submitted to BSE.