Date: 02nd July, 2026
Board Meeting Outcomes
- The company has executed a Memorandum of Understanding with Sravya Films to associate as the Presenter of the feature film titled "LGBT – A Legal Battle"
- The MoU was executed on 02nd July, 2026
Disinvestment / Strategic Actions
- Nature of Agreement: Memorandum of Understanding for association as Presenter of the feature film
- Counterparty: Sravya Films
- Objective: Becoming the legal presenter of the feature film to strengthen brand visibility in the entertainment and media sector, enhancing market presence and consumer engagement
- Scope of Association: The company shall be recognized as the Presenter of the film and shall receive branding and promotional rights as agreed between the parties
- Consideration: The company will be entitled to 40% of the net profits generated from this project
- Commercial Impact: The company will strengthen its brand visibility, creating opportunities for multiple collaborations and business synergies in the field
- Material financial impact, if any, will be disclosed when it becomes ascertainable eventually
Related Party Transaction
- No related party transaction involved
- The transaction does not fall within the ambit of related party transactions
- None of the Promoters, Promoter Group or Group Companies have any interest in the counterparty
Other Operational / Legal / Strategic Disclosures
- This collaboration represents a strategic initiative of the Company to strengthen its presence in the media and entertainment sector
- The Company believes this association will enhance its brand visibility, strengthen its position in the entertainment industry, and support its long-term business objectives
- The information is being made available on the company website at www.gradientinfotainment.com