BSE Felicitates GV Films Limited with Silver Bell Ringing Ceremony on Completing 25 Years of Listing
India's first listed media company GV FILMS LIMITED (GVFL) marked its silver jubilee milestone of listing on the Bombay Stock Exchange (BSE) with a silver bell ringing ceremony at the stock exchange.Tweet
-- On this momentous occasion Mr. Shankar Jadhav Head -Strategy, BSE, felicitated GVFL Chairman and Managing Director Shri Bala Giri with a memento of BSE Gong. The function was held at the International Convention Hall at BSE on 27th August 2015 was marked by the presence of Board of Director GVFL Mr.Sudhakar Shetty, Suhan Shetty etc.
Mr.Bala Giri, GVFL said, "It is indeed an honour for GVFL to celebrate 25 years of being listed on BSE. The journey of GV films has not been an easy one. The company has been able to rise like a phoenix from ashes and now looks ahead to some glorious times starting with the honour. We aim to carry forward the rich legacy of GV films." Stating further he said, "GV FILMS Ltd has gone in for Capital Reduction and are all set to propel the company on the fast growth track now. We are thankful for the support of our large investor base. We have launched Miniplexes in South and are keen to see this venture gain further momentum by setting up of miniplexes in Western India. The company has moved its base from Chennai to Mumbai and with Marathi film VITHAL VITHAL we wish to reinforce our commitment to making good cinema in Hindi and regional languages"
Speaking on the occasion Mr.Balagiri further said, "On completion of 25 years GV FILMS aims to infusing a fresh lease of life into its landmark run. The Company has a had a dream run with the biggest names from Tamil & Telugu Industry and. G.V Films has had a very interesting journey of 25 years and it is our aim to establish it in a brand new way and to bring about a revolution in the Indian film industry"
GV FILMS recently launched its new innovative website www.gvfilms.com. that would provide the latest updates on the company, showcase the upcoming projects, new talents, ongoing happenings and much more to the world. It is interactive, informative, viewer and investor friendly from the stakeholder's perspective and will provide instant updates on projects and position of the company.
GV Films entered the Indian Film Market in the year 1989 as a company that aimed at production and distribution of feature films in various languages and became the first company in the cinema business to get listed in the Indian bourses and having shareholders all over the country.
The company was introduced by G. Venkateswaran, popularly known as G.V, a film producer and the older brother of acclaimed director and screenwriter Mani Ratnam and G. Srinivasan. GV was the promoter of G.V. Films, one of the first movie companies in India to raise capital through the stock market.
Along with one of the best directors Mani Ratnam, GV Films has given some great blockbusters and award winning films like " Mounaa Ragam" "Agni Natchathiram" "Nayagan" "Thalapathi" "Anjali" "Indira" "Tamizhan" "Chokkathangam." The company has enormously contributed to the South Indian Film Industry, especially to the Tamil Film Industry which is the third biggest in India next to Hindi and Telugu Film Industry. Not just the making of cinema, but GV Films has spectacularly contributed towards the development of Indian Cinema as well. They were the first ones to export Tamil films to Japan and later to the other non-traditional, South East Asian markets like Korea. GV Films also brought DTS to a theatre of an A class town in Tamilnadu. With foresight, acquired Internet rights for over 6000 films way back in 1999-2000 for web casting that constitute valuable intellectual property rights, they currently have an own library of over 14000 films. GV Films was also the first to bring 3D television serials in India.