GV Films Limited announced a private placement to issue 950,000,000 convertible equity warrants at an issue price of INR 0.25 per warrant for the gross proceeds of INR 237,500,000 on April 30, 2024. The transaction will include participation from individual investors Pankaj Jain for 150,000,000 warrants, Nikhil Rajesh Singh for 150,000,000 warrants, Manubhai Makvana for 150,000,000 warrants, Cliliaya Babulal Jain for 100,000,000 warrants, Vishal Jain for 100,000,000 warrants, Satpal Singh Bachansingh Nagul for 100,000,000 warrants, Shubham Ashokbhai Patel for 100,000,000 warrants and Laxmanbhai Mafabhai Chaudhari for 100,000,000 warrants. The transaction has been approved by the shareholders of the company.