Shareholders'/Investors' Grievance Committee

The Committee consists of Mr. Mahadevan Ganesh, Mr.R Gopalan and Mr.S.Ramanathan and Committee oversees and reviews all matters connected with the securities transfers. The committee also looks into redressing of shareholders' complaints like transfer of shares, non-receipt of balance sheet, non-receipt of declared dividends, etc. The Committee oversees the performance of the Registrar and Transfer Agents, and recommends measures for overall improvement in the quality of investor services. The Board of Directors has delegated the power of approving transfer of securities to the Share Transfer Committee.

The total number of complaints which were received and replied to the satisfaction of shareholders during the year under review, was- 406. Outstanding complaints as on 31st March, 2006 were nil. 10 requests for transfers and NIL requests for dematerialization were pending for approval as on 31st March, 2006, which were subsequently taken up for transfer and dematerialization.

GENERAL BODY MEETINGS

Location and time for last Annual General Meetings.


Disclosures.

Disclosures on materially significant related party transactions i.e., transactions of the Company of material nature, with its promoters, the directors or the management, their subsidiaries or relatives, etc., that may have potential conflict with the interests of the company at large.
None of the transactions with any of the related parties were in conflict with the interest of the Company

Details of non-compliance by the Company, penalties and strictures imposed on the Company by Stock Exchanges or SEBI, or any statutory authority, on any matter related to capital markets, during the last three years.
None.

Means of Communication
The Half-Yearly and Quarterly results are published in the Trinity Mirror and Makkal Kural.
The above results are also hosted on the company website www.gvfilms.com.
Management discussion and analysis has been made a part of the annual report.

No resolution requiring a postal ballot under Section 192-A of the Companies Act, 1956, was placed before the last Annual General Meeting.