GV Films Board Approves Audited FY26 Results and Related Party Transactions

GV Films Ltd announced that its Board of Directors met on May 30, 2026, to approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board also approved related party transactions for the half-year ending March 31, 2026. The statutory auditors, A. John Moris & Co., issued a report on the standalone financial results. The audit report highlighted a qualified opinion due to the company's failure to recognize defined employee benefit obligations (gratuity and pension) as per IND AS 19 and the absence of balance confirmations for trade payables, receivables, investments, loans, and bank accounts. The auditors were unable to determine the correctness of these balances or the impact of employee benefit costs.