Description

BSE will transfer GV Films Ltd (Scrip Code: 523277) from Z Group to X Group effective November 14, 2025, following penal action provisions.

Summary

BSE has announced that GV Films Ltd (Scrip Code: 523277) will be moved out of the ‘Z’ Group and transferred to the ‘X’ Group effective November 14, 2025. This action is taken pursuant to SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, specifically Chapter-VII(A) relating to Penal Actions for Non-Compliance.

Key Points

  • GV Films Ltd (Scrip Code: 523277) to be moved from Z Group to X Group
  • Effective date: November 14, 2025
  • Movement is based on SEBI Master Circular provisions on penal actions
  • Normal trading restrictions of X Group will apply post-transfer
  • Market participants can contact BSE at bse.soplodr@bseindia.com for queries

Regulatory Changes

This circular implements provisions under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, Chapter-VII(A) which deals with Penal Actions for Non-Compliance. The movement from Z Group (most restrictive) to X Group indicates the company has addressed compliance issues that led to its initial placement in Z Group.

Compliance Requirements

  • Market participants must note the group change for GV Films Ltd
  • Trading in the scrip will be subject to X Group norms from November 14, 2025
  • Any queries or clarifications should be directed to BSE Listing Compliance and Operations at bse.soplodr@bseindia.com

Important Dates

  • Notice Date: November 3, 2025
  • Effective Date: November 14, 2025 - GV Films Ltd will be transferred from Z Group to X Group

Impact Assessment

Positive Impact: The movement from Z Group to X Group is a positive development for GV Films Ltd and its shareholders. Z Group is the most restrictive trading category, typically reserved for companies with serious compliance issues. Transfer to X Group indicates:

  • Improved compliance status
  • Reduced trading restrictions compared to Z Group
  • Better liquidity prospects for shareholders
  • Enhanced market confidence in the company

Market Participants: Traders and investors in GV Films Ltd should be aware of the group change and any associated trading rule modifications that apply to X Group securities versus Z Group securities.

Impact Justification

Movement out of Z Group (most restrictive) to X Group indicates improvement in compliance status for GV Films Ltd, allowing normal trading to resume