The Hindu Business Line : GV Films plans 7:10 rights issue

GV Films is coming out with a rights issue, in the ratio of seven shares for every ten held. The company has informed the stock exchange that it is converting its existing Shanthi and Kamala theatres into a multiplex complex with four screens. In addition, it proposes to build another multiplex theatre at Koyembedu in Chennai.

Further, the company intends to convert its Web site, Gvfilms.com, into a portal for Web casting and streaming Internet films. GV Films also plans to produce four regional language movies and `one national language movie'.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Reva to develop fuel cell cars for IOC pilot project

L&T bags Rs 165-cr order from Bangalore water supply board

BEL scouting for R&D, telecom partners

Apollo Tyres hikes prices by 3-4 pc

ICICI Bank to sell Crisil stake to S&P

Lodha case: HC asks both parties to file citations

Holcim fails to get controlling stake in ACC

Essel Propack acquires UK's Telcon Packaging

Chrys Cap divests 7.56 pc in IVRCL

Khaitans shed 9% stake in Kilburn Engg

Vesuvius doubling Kolkata unit capacity

Tata Steel plans capacity expansion at units in China

Tata Coffee plans to set up facility in Uganda

PFC may go public in June

GV Films plans 7:10 rights issue

Survey of sick units Dakshina Kannada dt.

HLL looks to beverages for foods biz growth

Ashok Leyland sales up 12.5 pc; at all-time high