Description
GV Films Ltd (Scrip Code: 523277) will be moved out of Z group to X group effective November 14, 2025.
Summary
BSE has announced that GV Films Ltd 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 under Chapter-VII(A) relating to Penal Actions for Non-Compliance.
Key Points
- GV Films Ltd (Scrip Code: 523277) will be moved from Z group to X group
- The transfer will be effective from November 14, 2025
- This action is based on SEBI Master Circular provisions regarding penal actions for non-compliance
- 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 out of Z group indicates improved compliance status for the company.
Compliance Requirements
All market participants are required to note the group change for GV Films Ltd and adjust their trading and surveillance systems accordingly before the effective date.
Important Dates
- Notice Date: November 3, 2025
- Effective Date: November 14, 2025
Impact Assessment
The movement of GV Films Ltd from Z group to X group is a positive development for the company, indicating resolution of compliance issues that led to its placement in the Z group. This change will improve trading conditions for the scrip and restore normal market operations. The impact is limited to this single security and its stakeholders.
Impact Justification
Routine administrative action moving a single scrip out of Z group to X group, affecting only one company with limited market-wide impact